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What is Coffer?

What is Coffer?

Coffer is short for Coffer Network, is the only smart account solution for Bitcoin, powered by native multi-signature scripts. Similar to Gnosis Safe but designed for Bitcoin, Coffer provides:

  • Free Smart Accounts for Bitcoin Holders: Enhancing safety and security.
  • Leveraged Yields: Unlocking Bitcoin's liquidity for broader access.
  • Cross-Chain Farming: Facilitates farming opportunities across multiple chains.
  • TVL Support: Generates yields and shares revenue through effective TVL management.

New Paradigm: Non-Custodial Bitcoin DeFi

Coffer Network redefines Bitcoin DeFi:

  • Permissionless Exit: Bitcoin holders retain full control.
  • Non-Custodial Approach: No changes to traditional Bitcoin holding patterns.
  • Yield Opportunities: Leverage Bitcoin holdings securely.

Key Principles:

  1. Maintain Bitcoin’s decentralized ethos.
  2. Empower holders with full control of their assets.
  3. Ensure security and transparency across all protocols.