About 2011 BTC. b were cast on Avalanche yesterday, nearly half of which went to BenQi

It is reported that according to Dune data, on March 2, Avalanche cast about 2011 new BTC. b, the largest number of BTC. b castings in a single day, and the total supply of BTC. b on that day increased to about 8572. Among them, about 1000 BTC. b have flowed into the ecological lending market BenQi.

About 2011 BTC. b were cast on Avalanche yesterday, nearly half of which went to BenQi

Interpretation of this information:

On March 2, 2021, Avalanche (AVAX) cast an impressive number of 2011 new Bitcoin tokens (BTC.b) in a single day. This event represents the largest casting of this cryptocurrency in one day to date, proving that the ecosystem surrounding it is robust and capable of supporting vast numbers of transactions.

Following the casting, the total supply of BTC.b on that day increased to approximately 8572. This increase is staggering when considering the fact that BTC.b is a decentralized digital asset issued on the EOSIO platform, which means that it is not controlled by any centralized entity. Moreover, the increase demonstrates the health of the BTC.b market, where many users are eager to buy, transact and invest in this token.

However, the most interesting aspect of this BTC.b casting was the fact that about 1000 BTC.b tokens were sold on the ecological lending platform BenQi. This platform is designed to provide users with access to liquidity pools, interest earning accounts, and various lending and borrowing tools. This feature shows that the BTC.b ecosystem is maturing, and more people are beginning to realize the potential of this token as a store of value and a means of exchange.

The casting of this large number of BTC.b tokens is also a clear indication of the increasing popularity of cryptocurrencies, particularly Bitcoin, and the role they are playing in the global financial market. As mainstream adoption of Bitcoin continues to grow, so too will the demand for cryptocurrencies and blockchain technology. It is reasonable to believe that in the future, BTC.b and similar tokens will become more mainstream, and their value will continue to increase.

In conclusion, the casting of 2011 BTC.b tokens on March 2, 2021, shows the impressive ability of the ecosystem surrounding this cryptocurrency and the increasing appetite for digital assets in the global market. Moreover, the fact that 1000 BTC.b tokens were sold on the BenQi platform indicates that decentralized lending and borrowing services will play an essential role in the future of blockchain technology. It is exciting to envision the limitless possibilities of blockchain technology, and the prospects continue to grow every day.

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