Overview
This proposal suggests adding Wrapped Bitcoin (WBTC) as a new supported market on JustLend DAO. WBTC is one of the most widely recognized and trusted tokenized representation of Bitcoin, and its integration into the JustLend ecosystem will further enhance asset diversity, liquidity depth, and user participation.
By enabling WBTC supply and borrowing on JustLend, Bitcoin holders on TRON will gain access to a full range of decentralized finance (DeFi) utilities — including earning yield, using WBTC as collateral, and accessing liquidity without selling their Bitcoin holdings. This addition aligns with JustLend DAO’s mission to build a secure, efficient, and inclusive currency market on the TRON network.
About WBTC
Wrapped BTC (WBTC) is a tokenized version of Bitcoin that operates on multiple blockchains such as TRON and Ethereum. Each WBTC token is fully backed 1:1 by Bitcoin held in custody by trusted institutions, ensuring transparency and verifiable equivalence between the circulating WBTC supply and the BTC reserves it represents.
Through a secure mint-and-burn process, users can seamlessly convert BTC to WBTC and redeem it back at any time, allowing Bitcoin holders to participate in DeFi without leaving the Bitcoin ecosystem.
On the TRON network, WBTC exists as a TRC20 token, combining Bitcoin’s value and stability with TRON’s high throughput and low transaction costs. This integration enables faster and cheaper transfers, as well as participation in lending, borrowing, and yield-generating activities on platforms like JustLend DAO. By bridging Bitcoin liquidity into TRON’s DeFi ecosystem, WBTC enhances capital efficiency, deepens market liquidity, and expands the use cases of Bitcoin within a scalable decentralized environment.
Conclusion
Integrating WBTC into JustLend DAO will strengthen the protocol’s position as a leading DeFi lending platform within the TRON ecosystem. It offers a secure, efficient way for Bitcoin holders to leverage their assets while contributing to the overall liquidity and stability of the platform.
If this proposal is approved, the JustLend DAO team will initiate the technical integration, oracle configuration, and risk parameter setup for the WBTC market. This step marks another milestone toward expanding the JustLend ecosystem and fostering a more interconnected, multi-asset DeFi environment on TRON.