The MakerDAO has introduced a new @WrappedBTC Vault type, allowing greater borrowing or higher leverage.
The new WBTC-B Vaults have a: -Liquidation ratio of 130% (vs 145% for WBTC-A) -Stability fee of 7% (vs 4% for WBTC-A).
Singapore, January 31, 2019 -- WBTC (Wrapped Bitcoin) has officially launched on Ethereum as an ERC20 token fully backed by Bitcoin and is now available for trading on several applications and platforms. WBTC was first announced on October 26, 2018 as a joint initiative by BitGo, Kyber Network, Ren (formerly Republic Protocol), and other community partners, to bring Bitcoin’s liquidity to the decentralized ecosystem on Ethereum and enhance all decentralized applications (DApps).
WBTC was initially launched on October 26, 2018, as a collaborative effort by BitGo, Kyber Network, Ren (previously Republic Protocol), and other community partners to bring Bitcoin's liquidity to the Ethereum decentralized ecosystem and improve all decentralized apps.