what's VaultBridge Bridged WBTC (Katana)?
VaultBridge Bridged WBTC (Katana), ticker VBWBTC, is a tokenized representation of Wrapped Bitcoin (WBTC) bridged to the Katana decentralized exchange on the Ronin blockchain. It facilitates the use of Bitcoin-equivalent value within the Ronin ecosystem, enabling participation in DeFi protocols like trading, liquidity pools, and yield farming while maintaining a 1:1 peg to WBTC through secure bridging mechanisms provided by VaultBridge. The token leverages Ronin's high-throughput EVM-compatible chain for efficient transactions.
VaultBridge Bridged WBTC integrates Morpho vaults on Ethereum L1, locking WBTC for vbWBTC yield export.
Integrated with Morpho vaults on Ethereum L1, where bridged WBTC is locked into vaults and yield is exported via vbWBTC tokens.
Katana yearn vaults receive $67k+ in treasury yield donations over next 7 days across multiple tokens including 0.0014 vbWBTC, after distributing $80k+ in the past 7 days to boost yvvbToken holder value.