What’s your unfiltered take on cbBTC?

x.com/coinbase/status/1834208544247144949

  • As long as Justin Sun isn’t involved, I’m in 😂💜

    No moar time for grifters ✨

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    • At Aave we always supported curated diversity to our users, as an example we currently provide with 5 different LST/LRT options. our goal is to provide diversity and support decentralisation while maintaining the highest quality standard of our industry.
      We are supportive of the inclusion of cbBTC as a new option for the Bitcoin community in Aave. just like BTC.b is a great match for the Avalanche ecosystem, we believe cbBTC will have a natural market fit and an audience in both Base & Mainnet Aave pools

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      • Stani@stani·10d

        Much needed tbh, Coinbase is definitely the right player to provide diversity into centralized issuance of BTC on EVMs. However my higher take is that we need even more focus to decentralized alternatives, kudos to tBTC for building towards this direction

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        • lumei@luotuo·10d

          bao shi

          0
          • Rune@rune·10d

            I think it’s really great that coinbase stepped up to fill this role. On one hand it’s obviously a lot of things that are all have coinbase as a single point of failure now, but on the other hand coinbase is basically who you would want to pull a WBTC replacement out of their hat on a moments notice when it’s suddenly taken over by Justin Sun

            3
            • Let’s give Coinbase even more bitcoin to custody - definitely could totally never end up backfiring

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