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.
In total, Coffer is building the smart account layer for Bitcoin, enabling self-custody Bitcoin to earn yield and access financing across any blockchain.
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
- Maintain Bitcoin’s decentralized ethos.
- Empower holders with full control of their assets.
- Ensure security and transparency across all protocols.
Projects for different Bitcoin HOLDers
CoBTC is a non-custodial, yield-generating Bitcoin product. It allows users to stake their BTC in a secure multi-signature setup and earn leveraged yields — all while keeping control of their Bitcoin.
CoUSD is a Bitcoin-backed synthetic 0% interest USD stable asset. It allows you to mint USD-denominated liquidity from your Bitcoin holdings — without selling your BTC.