The potential of BTCFi is still underestimated @Midl-xyz aims to reconstruct the utility function of Bitcoin - transforming it from a "store of value" to a "productive asset". This will be a magnificent process of capital activation. Data shows that approximately 66% of Bitcoin is currently in a dormant state, with a value of up to $1.068 trillion. As a comparison, according to DefiLlama, the current DeFi TVL of Ethereum is $46 billion. In theory, if 5% of dormant BTC enters BTCFi, it can drive TVL to jump from the current 2-3 billion US dollars to 55-56 billion US dollars. This scale not only exceeds Ethereum's current tvl, but also approaches one-third of Ethereum's tvl at the peak of DeFi in 2021 (approximately $180 billion at the time). The question is: how to activate these accumulated Bitcoin assets and build Bitcoin into a vibrant on chain economy, rather than just existing as a static asset? Midl's solution is: ① Build an execution infrastructure layer that allows development teams to directly build dApps on the Bitcoin network ② Introduce EVM level abstraction layer to provide familiar EVM dApp interaction methods MIDL has launched a gear plan (similar to points), and currently joining Discord can earn gears every day: https://discord.gg/dzc3p3M Teach everyone how to ambush 👇