BOB Launches ‘Bitcoin DeFi Hub’ Campaign with 750,000 OP Token Rewards

# BOB Launches 'Home of Bitcoin DeFi' Campaign with 750,000 OP Token Rewards BOB, the blockchain platform, has initiated the 'Home of Bitcoin DeFi' launchpad campaign as of March 12. The initiative aims to expand the Bitcoin DeFi ecosystem. Participants will receive 750,000 OP tokens and additional Layer 3 rewards while completing various quests that educate them about BOB’s Hybrid Layer 2 and HybridBTC products. The 750,000 OP tokens were reportedly donated during Optimism Grant Season 6 held last December. The primary objective of the BOB Rise program is to attract users to deposit BTC assets into BOB’s main four DeFi protocols. This pool of OP tokens will serve as rewards for users who engage in BTC deposits within BOB. # Complete Nine Quests to Earn Rewards Participants can engage in the campaign via Layer 3's launchpad, where they will complete nine quests, categorized into educational, social, and on-chain tasks, to earn rewards. **BOB: Welcome Part 1** – Learn about BOB’s Hybrid L2 model and foundational ecosystem, answer quizzes, or bridge ETH. **BOB: Welcome Part 2** – Study BitVM and HybridBTC and follow BOB co-founders. **BOB: Bitcoin DeFi Hub** – Discover how BOB’s OP grants and Bitcoin security enhance the DeFi ecosystem and bridge assets. **BOB: GM** – Perform an on-chain interaction by sending a 'GM' via ONCHAINGM. **BOB: Oku Trade** – Learn to utilize Uniswap V3 on BOB and swap wBTC to experience DeFi trading. **BOB: HybridBTC.pendle** – Explore the first HybridBTC vault and mint HybridBTC.pendle using wBTC. **BOB: Euler** – Understand how to lend and borrow BTC assets on Euler, and provide HybridBTC.pendle for additional yield. **BOB: Gamma** – Automate liquidity management and swap HybridBTC.pendle with wBTC on Oku, then deposit in Gamma to earn trading fees. **BOB: BOB Staking** – Experience one-click Bitcoin staking and mint BTC LST with native BTC. # How to Participate in the Campaign **Visit Layer 3 BOB Launchpad** – Access the campaign from the designated page. **Connect Wallet** – Participants need to connect their wallets to join. **Review Information** – Check campaign schedule, participation conditions, progress, and referral links. **Complete Quests** – Finish all nine quests listed from the top left. # Expanding the Bitcoin DeFi Ecosystem BOB’s campaign aims to enhance Bitcoin’s scalability and strengthen the DeFi ecosystem. Participants will experience BOB’s innovative Hybrid L2 model and HybridBTC yield products while earning rewards. A BOB representative stated, “We are building a new DeFi environment by combining Bitcoin network security with Layer 2 scalability. We plan to continually operate various reward programs to allow more users to experience Bitcoin-based DeFi.”