bitSmiley (SMILE) is a cryptocurrency built on the Bitcoin blockchain, aiming to expand Bitcoin’s role by introducing decentralized finance (DeFi) features. The platform offers three core services designed to enhance user interactions with Bitcoin: bitUSD, bitLending, and a Derivatives Platform. bitUSD acts as a stablecoin pegged to the US dollar, offering users a stable currency for transactions. Meanwhile, bitLending enables peer-to-peer lending, allowing users to lend or borrow assets with Bitcoin as collateral. The Derivatives Platform adds trading tools for financial contracts based on Bitcoin’s value.
Through these services, bitSmiley transforms Bitcoin from a simple store of value to a versatile financial ecosystem. It allows you to engage in stable transactions, access lending opportunities, and participate in derivatives trading, all directly on the Bitcoin network. This integration of DeFi features makes Bitcoin more functional for a broader range of financial activities.
