Quick Overview
Bima turns idle Bitcoin into productive capital. Users stake BTC or liquid‑staked BTC (LSTs), then mint USBD—an omni‑chain stablecoin over‑collateralised by Bitcoin derivatives. USBD can be farmed in Bima’s strategy vaults or anywhere in DeFi, while the original BTC continues to earn native yield. A points programme (XP) tracks activity ahead of the planned $BIMA token launch.
Key Features
- USBD Stablecoin – 150 %+ BTC‑backed, soft‑pegged to USD
- BTC & LST Collateral – supports native BTC, wBTC, stBTC, sBTC‑LS, etc.
- Yield Vaults – cross‑chain delta‑neutral, arbitrage & trend strategies (15 % + APY)
- Omni‑Chain Transfers – LayerZero module moves USBD to EVM, Aptos, Core DAO and more
- XP Points & Airdrop – every mint / vault deposit accrues on‑chain points toward $BIMA
How to use
Bima
Prerequisites
- Wallets: Bitcoin (for deposit) + EVM/MoveVM wallet for USBD
- Collateral: BTC or supported LSTs
- Gas: Small BTC fee for staking tx; destination‑chain gas for USBD moves
- Risk awareness: Stablecoin de‑peg & vault strategy risk
Getting started
Stake BTC
Deposit BTC/LST via the Bima Gateway; collateral appears in your vault.
Mint USBD
Choose a mint size (≥150 % collateral ratio) and confirm; receive USBD instantly.
Deploy Yield
Send USBD to a Bima strategy vault or external DeFi protocol to start earning.
Earn Points
Every mint / vault epoch grants XP—track progress on the Quest page.
Redeem / Repay
Return USBD + fee to unlock collateral; withdraw BTC back to your wallet.
Tips & Best Practices
- Keep CR > 170 % to avoid liquidation during BTC volatility.
- Vault APYs vary—check strategy description, risk and lock‑up.
- Bridging USBD? LayerZero wrap/unwrap incurs a small message fee—batch transfers.
- Claim XP weekly; snapshots may decide future $BIMA airdrop tiers.
- Follow @BimaBTC on X for new collateral and vault listings.
Technical Information
EVM / MoveVM
Mint ≈ 10 min (BTC confirm); USBD transfers < 1 min on L2s
BTC staking ⟶ Collateral Vault ⟶ USBD mint ⟶ Yield Vaults / Omni‑chain bridge
Multisig‑controlled vaults, Cantina audit, real‑time oracle feeds, 150 % collateral floor
Frequently Asked Questions
What is USBD?
A Bitcoin‑over‑collateralised, omni‑chain USD stablecoin minted on Bima.
How safe is my BTC?
Locked in audited vaults; protocol liquidates positions only if collateral < 150 %.
Where can I use USBD?
On Bima yield vaults or bridged to EVM/Aptos DEXes for trading and farming.
Is there a native token?
$BIMA is planned; XP points earned today convert to the token at TGE.
What APY can I expect?
Strategy vaults target 15 – 30 % APY, depending on risk and market conditions.
