Garden Finance provides one of the easiest ways for you to move between Bitcoin and WBTC (wrapped Bitcoin). This is the first of many dApps that highlight the type of experience enabled by the Catalog protocol.
Garden leverages Catalog’s atomic swap technology to enable seamless conversions between BTC and WBTC. Atomic swaps are a decentralized method of exchanging assets directly between users, removing the need for a middleman. The execution of swaps is facilitated by Catalog resolvers, each equipped with an innovative zero-confirmation mechanism. This helps overcome a common challenge associated with atomic swaps – the requirement for both participants to remain online throughout the swapping period, often spanning up to 48 hours. This swapping mechanism is entirely open-source and audits can be found here.
First visit garden.finance and connect your Web3 wallet. You will be asked to sign a message for authentication.
WBTC → BTC
BTC → WBTC
Garden is an example of just one of the many kinds of Bitcoin-powered experiences Catalog makes possible. If you would like to keep up with any updates for Garden, you can find them on Twitter. This is just the beginning, so we are excited to see how else Catalog will bring Bitcoin to the decentralized web.