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NOTE
Please enable "Allow edits by maintainers" while putting up the PR.
package-lock.json
file as part of your changes, we use lockfileVersion 2, and most use v1 and using that messes up our CIName (to be shown on DefiLlama):
Echo Bridge
Twitter Link:
https://x.com/EchoProtocol_
List of audit links if any:
Website Link:
https://vault.echo-protocol.xyz/bridges/IOTA
Logo (High resolution, will be shown with rounded borders):
https://vault.echo-protocol.xyz/images/echo.svg
Current TVL:
$153
Treasury Addresses (if the protocol has treasury)
Chain:
IOTA
Coingecko ID (so your TVL can appear on Coingecko, leave empty if not listed): (https://api.coingecko.com/api/v3/coins/list)
Coinmarketcap ID (so your TVL can appear on Coinmarketcap, leave empty if not listed): (https://api.coinmarketcap.com/data-api/v3/map/all?listing_status=active,inactive,untracked&start=1&limit=10000)
Short Description (to be shown on DefiLlama):
Echo is a Bitcoin liquidity aggregation and yield infrastructure layer designed to address the fragmentation of BTC liquidity across various forms.
Token address and ticker if any:
Token address: 0x387c459c5c947aac7404e53ba69541c5d64f3cf96f3bc515e7f8a067fb725b54::ibtc::IBTC
Ticker: iBTC
Category (full list at https://defillama.com/categories) *Please choose only one:
Bridge
Oracle Provider(s): Specify the oracle(s) used (e.g., Chainlink, Band, API3, TWAP, etc.):
Implementation Details: Briefly describe how the oracle is integrated into your project:
Documentation/Proof: Provide links to documentation or any other resources that verify the oracle's usage:
forkedFrom (Does your project originate from another project):
methodology (what is being counted as tvl, how is tvl being calculated):
The user transfers BTC to Echo's custodial BTC address on the Bitcoin chain. After Echo confirms receipt, it mints iBTC on the IOTA chain at a 1:1 ratio.
The TVL (Total Value Locked) reported here refers to the total amount of BTC held in Echo's custodial BTC address.
Github org/user (Optional, if your code is open source, we can track activity):