Umoja has announced the launch of yBTC, a yield vault token that offers over 20% annual percentage yield on staked Bitcoin. The token allows users to earn passive income by staking Bitcoin, with each token representing a user's share in a vault that generates returns through yield strategies across DeFi protocols and centralized exchanges. Umoja's trade engine optimizes these strategies based on market conditions, providing competitive yields regardless of market trends. The protocol has undergone audits by various security firms and stores BTC collateral with institutional custodians for asset safety. The aim is to provide a sustainable and transparent yield solution for BTC holders, with a transparent and directly tied APY of 20%+. The protocol imposes fees and offers flexibility for users to withdraw their BTC principal and earned yield. Overall, yBTC caters to BTC holders seeking reliable income while avoiding volatile strategies.



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