eBTC Minting Incentives Program

We're excited to announce the newly approved eBTC Minting Incentives Program, an enhanced initiative designed to continue the success of the Get Paid to Borrow Bitcoin program, offering users even more attractive rewards for borrowing eBTC.

➡️ Deposit your preferred collateral ➡️ Borrow eBTC instantly at no cost ➡️ Earn rewards in BADGER tokens

Program Overview

This initiative is designed to be flexible and enduring, with the Treasury actively monitoring its impact to ensure continuous growth in eBTC’s supply. Targeting a 10% APR and capped at $30,000 per month, the program strikes the perfect balance between rewarding participants and ensuring sustainable growth.

Reward Distribution

Participants in the program will receive their rewards in BADGER tokens, which are calculated based on the amount of eBTC borrowed, regardless of the collateral type used—whether it be stETH, wstETH, ETH, or wETH. With no minimum CDP age required, rewards are now distributed in real-time every eight hours (cycles). Notably, borrowers can easily track the real-time APR on the borrowing page and claim their rewards directly within the app.

As we transition from the previous Lido-sponsored program, which ended on July 24th, all current minters will receive retroactive BADGER rewards under the new guidelines.

Get Started Now

🎁 Ready to dive in? - deposit, borrow, and earn as you go.

Merkl Badger Campaign