Secure, decentralized, and scalable BTC <> EVM AVS bridge utilizing Eigenlayer’s node network to validate and custody BTC bridged to Ethereum. BTC bridged from the Bitcoin base layer using MTX will be locked and mtBTC will be minted on Ethereum Mainnet. mtBTC will earn native yield through smart auto-selection of staking protocols and Actively Validated Services.
Holders retain full Bitcoin exposure and benefit from any capital appreciation of Bitcoin.
Ability to earn passive and resilient yield from diverse sources.
First asset to capture the only two foundational sources of yield in blockspace production (Bitcoin mining rewards and PoS verifier fees)
Automatic smart selection of Actively Validated Services and block production yield sources.
By staking with MTX, your Bitcoin (via mtBTC) remains liquid and can be used across a range of DeFi applications to earn extra yield.