The monthly Recap of Bitlocus - August

Bitlocus Company News

Last Updated: November 7, 2022

The monthly Recap of Bitlocus - August

Another summer has passed. It is time to come back from the holiday mood and turn on the hustle mode. Well, actually Bitlocus didn’t stop working in the summer. There are some updates that we did in August that we are proud to share. Let’s take a look at it.

New lending pool - CAKE

Bitlocus is expanding lending options and has added a new asset to the list. Now you are available to lend CAKE on our platform and take decent annual rewards! The token is an addition to the currently offered DAI and USDC alternatives.

The acquired money will be distributed 100% in $CAKE tokens or automatically exchanged for traditional currency (if you start lending with fiat money)

Bitlocus AMA session

After a long break from hosting the LIVE AMA session, we decided to give the community the opportunity to ask us questions related to Bitlocus, the BTL token, and the crypto market itself. If you missed it, don’t worry; everyday we are publishing AMA recap questions and answers. Moreover, if you have questions to Bitlocus team members, don't hesitate to ask here.

Bitlocus team is working on the farming

Last month, we announced that Bitlocus is developing a new product that will let you maximize your DeFi yield. Get ready - farming is coming really soon!

A new token utility is on the way

Get ready for BTL token demand to increase; Bitlocus will announce the new token utility next week. We recommend filling up your bags early while the price is still low.

What's next?

September will be a really busy but pleasing month for Bitlocus. A lot of updates are on the way. We will keep delivering more and more ways to invest and earn great returns. Support us and together we can reach the moon!