Bitget Boosts BGBTC with Daily BTC Rewards, Faster Redemptions
Bitget has upgraded its BGBTC asset, a yield-bearing Bitcoin product that rewards users with daily BTC. The upgrade includes faster large-volume redemptions and stronger risk controls.
The exchange has also partnered with Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable secure cross-chain distribution of BGBTC.
Bitget is pairing CCIP with an independent Curator framework, where Gauntlet will oversee the strategies supporting BGBTC's yield and assess portfolio exposure, monitor risk, and support sustainability.