BIMA is now live on Core, bringing one of the most advanced Bitcoin-backed DeFi ecosystems to the first Proof-of-Stake layer for Bitcoin. This integration unlocks permissionless BTC yield strategies—without requiring users to sell their Bitcoin or give up self-custody.
At the center of it all is USBD, BIMA’s overcollateralized, Bitcoin & Bitcoin derivatives-backed stablecoin. Now live on Core, USBD brings institutional-grade yield strategies to everyday BTC holders and institutions alike, with seamless access through Core’s scalable and decentralized infrastructure.
What Is BIMA?
BIMA is a DeFi protocol built for one purpose: turning Bitcoin into a productive asset. It does this by letting users mint USBD against BTC or BTC derivatives, and then deploy that USBD across a wide range of DeFi and CeDeFi yield vaults.
These vaults include cross-chain yield, delta-neutral, arbitrage-based, and trend-following strategies, with APYs ranging from 15% up, depending on the selected risk profile.
The BIMA ecosystem also features sUSBD—a staked version of USBD that accrues yield over time. When users mint and deposit USBD into BIMA vaults, they receive sUSBD in return. This unlocks even more opportunities across integrated protocols like Glyph and more to come soon.
Why Core?
Core is the first Proof-of-Stake Bitcoin layer and home to the largest and fastest-growing Bitcoin DeFi ecosystem, with over 6,000 BTC staked, 370M+ transactions, and hundreds of dApps already live. Core’s Satoshi Plus consensus combines Delegated Proof of Work (via Bitcoin miners) and Delegated Proof of Stake, offering scalability, performance, and alignment with Bitcoin’s incentive structure, without changing Bitcoin itself.
For BIMA, integrating with Core means tapping directly into a network purpose-built for Bitcoin-native applications. For users, it means they can now:
Mint USBD directly on Core using assets like solvBTC and others in the near future
Deploy USBD into high-performing, institutional-grade vault strategies
Retain full self-custody over BTC throughout the process
Earn real yield while maintaining liquidity
Key Features Now Live on Core
Permissionless Access: Anyone can interact with BIMA vaults directly on Core. No intermediaries. No KYC.
BTC-Backed Stability: USBD is backed by Bitcoin derivatives and maintains its peg via overcollateralized vaults, automated liquidity controls, and decentralized oracles.
Real Yield, Real Bitcoin: sUSBD and vault rewards deliver BTC, stables or crypto-based returns, not just points.
Institutional-Grade Security: Vault assets are managed by trusted partners, and select strategies place BTC into qualified custody—avoiding smart contract risk.
Minting USBD on Core: How It Works
Users can mint USBD in five simple steps:
Connect Your Wallet: Use a supported wallet such as MetaMask to access the BIMA Protocol.
Select an Appropriate Vault: Choose a vault that accepts your specific collateral type, such as LP tokens, receipt tokens, or solvBTC.
Deposit Collateral: Enter the amount of your asset to deposit, ensuring it meets the required collateralization ratio.
Confirm the Transaction: Review and approve the transaction details to lock your collateral.
Receive USBD: Once the transaction is processed, your wallet will be credited with the minted USBD tokens.
BIMA is currently live on Core Mainnet, Ethereum Mainnet, and Hemi Mainnet, giving users multi-chain access to powerful Bitcoin-backed yield opportunities.
Put USBD to Work: Earn Yield Across BIMA’s Ecosystem
Once you’ve minted USBD on Core, it’s time to deploy it into one of BIMA’s yield strategies. Whether you prefer low-risk or higher-return options, there’s a vault for you.
1. Choose a Strategy Vault
In the Earn module, pick a vault based on your risk tolerance and yield goals. As the protocol and our partnership progresses, further vaults will be added that offer yields ranging from 15% up. When you deposit USBD, you’ll receive sUSBD, a token that represents your position and accrues rewards over time.
2. Use sUSBD Beyond the Vault
Coming soon, other dApps on Core might integrate with BIMA, letting you deploy sUSBD into additional tools and boosting your capital efficiency without pausing yield generation.
3. Track and Optimize
Stay on top of your vault performance, collateral levels, and new integrations by regularly checking BIMA’s dashboard and docs.
With Core’s self-custodial staking and BIMA’s flexible vault design, users can now unlock real BTC-denominated yield—securely, transparently, and on-chain.
BIMA and Core: The Future of BTC Yield
This isn’t another wrapped BTC or centralized lending platform. BIMA on Core is a step toward a Bitcoin-native DeFi economy, one where users keep full control of their assets while putting them to work across global, permissionless markets.
With Core’s Bitcoin-aligned infrastructure and BIMA’s flexible vault architecture, BTC holders can finally access secure, scalable, and high-performance yield without the trade-offs.
➡️ Ready? Get started at bima.money.
FAQ
Q: What makes BIMA different from other Bitcoin yield platforms?
A: BIMA offers multiple BTC-backed yield strategies—not just a fixed APY. Users can choose from various DeFi and CeDeFi vaults, all powered by overcollateralized Bitcoin & Bitcoin derivatives. No need to sell your BTC.
Q: How do I mint USBD on the Core blockchain?
A: Connect your wallet to the BIMA dApp on Core, choose a vault that supports your collateral (like solvBTC or LSTs), and mint USBD. It’s fast, secure, and keeps your BTC in self-custody.
Q: Is my Bitcoin safe when using BIMA?
A: Yes. BTC used in BIMA’s permissioned vaults is held by trusted custodians. There’s no smart contract risk, and your Bitcoin never leaves secure institutional custody.
Q: What can I do with sUSBD?
A: sUSBD earns yield and can also be used on other Core Ecosystem DeFi dApps once integrated, letting you boost returns without pausing your strategy.