📖Bitena Introduce

Bitena, based on Bitcoin’s Layer 2, is a synthetic dollar protocol providing a stablecoin solution independent of traditional banks. It maintains the dollar value of collateral through delta-hedged derivative positions and distributes hedging and PoS earnings to USDb holders, ensuring stability and high returns.

The "BTC Internet Bond" described by Bitena is a dollar-denominated global savings tool that combines returns from staked BTC, derivatives market funds, and arbitrage, representing the first cryptocurrency-native bond on the Bitcoin blockchain.