Wrapless: The trustless lending protocol on top of Bitcoin
Wrapless: The trustless lending protocol on top of Bitcoin
This paper presents Wrapless -- a lending protocol that enables the collateralization of bitcoins without requiring a trusted wrapping mechanism. The protocol facilitates a "loan channel" on the Bitcoin blockchain, allowing bitcoins to be locked as collateral for loans issued on any blockchain that supports Turing-complete smart contracts. The protocol is designed in a way that makes it economically irrational for each involved party to manipulate the loan rules. There is still a significant research area to bring the protocol closer to traditional AMM financial instruments.
Oleksandr Kurbatov、Kyrylo Baibula、Yaroslava Chopa、Sergey Kozlov、Oleh Komendant、Illia Dovhopolyi、Dmitrii Kurbatov、Zakhar Naumets、Yuliia Aritkulova、Pavel Kravchenko、Volodymyr Dubinin、Lasha Antadze、Yaroslav Panasenko、Mykhailo Velykodnyi
财政、金融
Oleksandr Kurbatov,Kyrylo Baibula,Yaroslava Chopa,Sergey Kozlov,Oleh Komendant,Illia Dovhopolyi,Dmitrii Kurbatov,Zakhar Naumets,Yuliia Aritkulova,Pavel Kravchenko,Volodymyr Dubinin,Lasha Antadze,Yaroslav Panasenko,Mykhailo Velykodnyi.Wrapless: The trustless lending protocol on top of Bitcoin[EB/OL].(2025-07-09)[2025-07-19].https://arxiv.org/abs/2507.06064.点此复制
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