Ignition: FBTC is now available on Ethereum and Mantle

Users can now swap and bridge $FBTC on both the Ethereum and Mantle networks! This milestone is an important step on our journey, bringing us closer to achieving our vision of unleashing Bitcoin growth and facilitating the expansion of DeFi within the Bitcoin ecosystem.

With this new adventure, we are also excited to launch “Ignition”, the new name of our project that encompasses $FBTC.

Ignition — Unleashing Bitcoin’s Growth

Ignition is committed to unlocking Bitcoin’s growth potential and making itBlockchainBacked by core contributors Mantle and Antalpha Prime, Ignition is paving the way for a low-friction and interoperable future. It expands Bitcoin’s capabilities beyond its traditional store of value role and transforms it into a reliable asset for cross-chain integration and diversified yield opportunities.

FBTC — Earn More Yield Than Ever on Your Idle Bitcoin

Ignition has launched $FBTC, a full-chain Bitcoin asset pegged 1:1 to BTC, designed to increase Bitcoin’s accessibility and utility.Safety, a decentralized, composable and liquid Bitcoin asset, $FBTC can be used at scale and easily integrated into various yield-enhancing strategies such as liquidity pools, collateral and staking.

Powered by Ignition, $FBTC’s growth will be driven by a comprehensive roadmap and strong developer support, ensuring its long-term success and sustainable growth.

FBTC Minting/Destruction FunctionXiaobai NavigationCan go online

Qualified users, including institutions and merchants who meet specific requirements and complete KYC/KYB procedures, can now mint and destroy $FBTC.Safety, Cobo will serve as our initial custodian and use multi-party computing (MPC) addresses to manage users’ BTC assets. In addition, Ignition has also established aSafetyMantle, Antalpha Prime and Cobo are the first members of the Council, and we plan to add more members in the future.

Want to join $FBTC as a qualified user? Apply now!

For more information, please visithere.

How to get FBTC

$FBTC is now available through multiple liquidity channels on Ethereum and Mantle. Users can seamlessly redeem $FBTC directly on our website.

Ethereum:Uniswap, Bybit Web3, DODO, Odos, OKX Web3, TokenPocket

Mantle:Merchant Moe, Agni Finance, DODO, Odos, Bybit Web3

Ignition 的桥接功能也已上线，允许用户在 Mantle 和以太坊网络之间Safety地桥接他们的 $FBTC。

Upcoming Integrations

The Ignition team is excited to announce initial partnerships with multiple protocols that provide yield options for $FBTC, including Ethena, Bedrock, Lombard, PumpBTC, Lorenzo, SatLayer, Stakestone, Solv Protocol, Avalon, Pendle, Mancake, Lendle, Minterest, Astherus, and Openbit.

We will announce more details on these upcoming integrations in the coming weeks.

Join Ignition's Vision

The launch of Ignition and $FBTC will allow users to easily participate in the expanding Bitcoin ecosystem and utilize their idle Bitcoin in a variety of on-chain yield strategies. The days of limited Bitcoin yield options are over.

Follow Ignition on social media to be the first to know about upcoming events and plans!

• Official website: https://www.fbtc.com
• Twitter: https://x.com/FBTC_Official
• Discord: https://discord.com/invite/fbtc
• Telegram: https://t.me/FBTCofficial

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