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Rift

Moving Bitcoin across chains has always required tradeoffs, usually involving multisigs, custodians, or bridge operators. Rift takes a different path by using secure hardware enclaves to coordinate swaps directly between...

ActiveRisk: High
AirdropAirdropMoving Bitcoin across chains has always required tradeoffs, usually involving multisigs, custodians, or bridge operatorsMoving Bitcoin across chains has always required tradeoffs, usually involving multisigs, custodians, or bridge operators. Rift takes a different path by using secure hardware enclaves to coordinate swaps directly between Bitcoin and Ethereum πŸ” With an 8M seed round led by Paradigm and support from WTG Ventures, Edge Capital, and Founders Inc, Rift is the first peer to peer Bitcoin trading protocol connecting Bitcoin and Ethereum through secure enclave settlement πŸ”’βœ¨ When you send BTC , the enclave verifies the payment through its Bitcoin full node and releases cbBTC to your Ethereum wallet onceNot specifiedDeFi
Project info
Project
Rift
Category
DeFi
Status
Active
Chain / Network
Not specified
Token
β€”
Market cap / Rank
β€”
KYC required
β€”
Deadline
β€”
Type
Moving Bitcoin across chains has always required tradeoffs, usually involving multisigs, custodians, or bridge operators
Core business
Moving Bitcoin across chains has always required tradeoffs, usually involving multisigs, custodians, or bridge operators. Rift takes a different path by using secure hardware enclaves to coordinate swaps directly between Bitcoin and Ethereum πŸ” With an 8M seed round led by Paradigm and support from WTG Ventures, Edge Capital, and Founders Inc, Rift is the first peer to peer Bitcoin trading protocol connecting Bitcoin and Ethereum through secure enclave settlement πŸ”’βœ¨ When you send BTC , the enclave verifies the payment through its Bitcoin full node and releases cbBTC to your Ethereum wallet once
Target users
Crypto users
Dependent platform
Ethereum wallet
Reward type
Airdrop
Reward certainty
Medium
Eligibility threshold
Register an account
Eligibility count
β€”
Score source
Complete tasks
Funding required
No
Reward details
Airdrop
Steps count
3
Technical barrier
Medium
Ongoing requirement
No
Extension required
No
Discord
β€”
Telegram
β€”
Risk hints
Airdrop uncertainty risk
High
Funding risk
Low
Project authenticity risk
Medium
Regulatory risk
Low-Medium
Moving Bitcoin across chains has always required tradeoffs, usually involving multisigs, custodians, or bridge operators
Moving Bitcoin across chains has always required tradeoffs, usually involving multisigs, custodians, or bridge operators. Rift takes a different path by using secure hardware enclaves to coordinate swaps directly between Bitcoin and Ethereum πŸ” With an 8M seed round led by Paradigm and support from WTG Ventures, Edge Capital, and Founders Inc, Rift is the first peer to peer Bitcoin trading protocol connecting Bitcoin and Ethereum through secure enclave settlement πŸ”’βœ¨ When you send BTC , the enclave verifies the payment through its Bitcoin full node and releases cbBTC to your Ethereum wallet once
Airdrop
Airdrop
Participation process (raw)
Step by step guide Rift Airdrop Visit the Interface β†’ Head to the Rift DEX platform and connect your wallet . You can connect either an Ethereum wallet or a Bitcoin wallet depending on the direction of your swap. Choose What You Want to Swap β†’ Select the direction of your swap: β€’ If the input asset is BTC, the output will be cbBTC on Ethereum. β€’ If the input asset is an ERC20 token such as ETH, USDT, or USDC, the output will be BTC on the Bitcoin side. Proceed With the Sw
Steps
  1. Step 1
    Step by step guide Rift Airdrop Visit the Interface β†’ Head to the Rift DEX platform and connect your wallet . You can connect either an Ethereum wallet or a Bitcoin wallet depending on the direction of your swap. Choose What You Want to Swap β†’ Select the direction of your swap: β€’ If the input asset is BTC, the output will be cbBTC on Ethereum. β€’ If the input asset is an ERC20 token such as ETH, USDT, or USDC, the output will be BTC on the Bitcoin side. Proceed With the Sw
Links
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Rift