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