U.S. President Trump stated that he is working to arrange a meeting between Ukrainian President Zelensky and Russian President Putin to advance the peace process in Ukraine. Every day it is believed that the Russia-Ukraine war is about to end, and then interest rates will start to be cut in September, bringing prosperity to the crypto world!

Today I want to talk about the project @build_on_bob, which is simply the gateway to Bitcoin DeFi. It acts like a hybrid ZK Rollup engine, designed specifically for Bitcoin users, allowing you to easily navigate DeFi on the Bitcoin network, such as earning yields, cross-chain swaps, and so on, without worrying about those complicated wrapping or bridging issues.

The brilliance of Build on Bitcoin lies in its technological innovation, integrating the security of Bitcoin with the flexibility of Ethereum. It enables native BTC transactions through the BitVM bridge, and adds ZK fraud proof and account abstraction mechanisms. As a result, transactions become super private and smart, while also supporting gas-free Bitcoin transfers, making it feel as smooth as Web2.

From the data perspective, BOB's TVL has surged to $156.98 million, securing the fourth position among Bitcoin L2s. The transaction time has been shortened to just a few seconds, with slippage controlled under 0.3% and an accuracy rate as high as 99.2%. This not only saves costs but also doubles efficiency, significantly improving user experience.

In the industry, BOB's influence is growing stronger. It not only enhances the practicality of Bitcoin but also promotes a fair mechanism in DeFi, allowing more people to safely participate in cross-chain interactions. The future potential is limitless, helping Bitcoin transform from mere "digital gold" into a truly programmable asset, attracting a large wave of developers to build the ecosystem.

Recently, BOB has been very active, announcing a partnership with Rollup on August 18; tomorrow there will also be a live discussion on interoperability with BitGo and LayerZero; the TGE is expected to be launched in the second half of the year, gaining momentum.