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1 | 1 | # InterBTC & Kintsugi Documentation |
2 | 2 |
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3 | | -## Radically Open Bitcoin for Decentralized Finance |
| 3 | +## Radically Open Bitcoin for Decentralized Finance |
4 | 4 |
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5 | 5 |
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6 | | -**interBTC** is Bitcoin on any blockchain. A 1:1 Bitcoin-backed asset, fully collateralized, interoperable, and censorship-resistant. interBTC will be hosted as a Polkadot parachain and connected to Cosmos, Ethereum and other major DeFi networks. |
| 6 | +**interBTC** is Bitcoin on any blockchain. A 1:1 Bitcoin-backed asset, fully collateralized, interoperable, and censorship-resistant. interBTC will be hosted as a Polkadot parachain and connected to Cosmos, Ethereum and other major DeFi networks. |
7 | 7 |
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8 | | -**Kintsugi** is Interlay’s canary network for interBTC, a testnet with real economic value deployed on Kusama (Polkadot’s canary network). Kintsugi and interBTC share the same code base - with the difference that Kintsugi will be 2-3 releases ahead of interBTC with more experimental features. |
| 8 | +**Kintsugi** is Interlay’s canary network for interBTC, a testnet with real economic value deployed on Kusama (Polkadot’s canary network). Kintsugi and interBTC share the same code base - with the difference that Kintsugi will be 2-3 releases ahead of interBTC with more experimental features. |
9 | 9 |
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10 | 10 |  |
11 | 11 |
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12 | 12 | ### Issue, Trade, and Redeem |
13 | 13 |
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14 | 14 | The life-cycle of interBTC follows the three main protocols: |
15 | 15 |
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16 | | -- **Issue:** Lock your BTC with a Vault. Pick one, or run your own. Your BTC is always safe and insured by Vault collateral. |
| 16 | +- **Issue:** Lock your BTC with a Vault. Pick one, or run your own. Your BTC is always safe and insured by Vault collateral. |
17 | 17 | - **Mint:** Get interBTC at a 1:1 ration to your locked BTC. |
18 | | -- **BTC DeFi:** Earn on your Bitcoin. Use interBTC as collateral, for lending, yield farming and more. On Polkadot, Kusama, Cosmos, Ethereum and other major DeFi platforms. |
| 18 | +- **BTC DeFi:** Earn on your Bitcoin. Use interBTC as collateral, for lending, yield farming and more. On Polkadot, Kusama, Cosmos, Ethereum and other major DeFi platforms. |
19 | 19 | - **Redeem:** Redeem interBTC for actual BTC on Bitcoin - trustless and anytime you want. |
20 | 20 |
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21 | 21 | ### Radically Open & Secured by Insurance |
22 | 22 |
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23 | | -What makes interBTC unique is the strict dedication to being trustless and decentralized. Users |
| 23 | +What makes interBTC unique is the strict dedication to being trustless and decentralized. |
24 | 24 |
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25 | | -- **Secured by Insurance**. Vaults lock collateral on the interBTC parachain in various digital assets - in a MakerDAO-inspired multi-collateral system. If Vaults misbehave, their collateral is slashed and users reimbursed. As a user, you only trust that Bitcoin and the DeFi platform you use are secure. |
| 25 | +- **Secured by Insurance**. Vaults lock collateral on the interBTC parachain in various digital assets - in a MakerDAO-inspired multi-collateral system. If Vaults misbehave, their collateral is slashed and users reimbursed. As a user, you only trust that Bitcoin and the DeFi platform you use are secure. |
26 | 26 |
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27 | 27 | - **Radically Open**. Anyone can become a Vault and help secure interBTC, anytime. Yes, you can run your own Vault! |
28 | 28 |
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29 | | - |
30 | | - |
31 | 29 | ## Guides |
32 | 30 |
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33 | | -###### [1 Learn about Kintsugi, the canary network on Kusama - going live NOW](kintsugi/overview.md) |
34 | | - |
| 31 | +**1. [Learn about Kintsugi, the canary network on Kusama - going live NOW](kintsugi/overview.md)** |
35 | 32 |
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36 | | -###### [2. Get a detailed overview of interBTC](start/overview.md) |
| 33 | +**2. [Get a detailed overview of interBTC](start/overview.md)** |
37 | 34 |
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38 | | -###### [3. Issue your first interBTC](start/issue.md) |
| 35 | +**3. [Issue your first interBTC](start/issue.md)** |
39 | 36 |
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40 | | -###### [4. Redeem interBTC for BTC](start/redeem.md) |
| 37 | +**4. [Redeem interBTC for BTC](start/redeem.md)** |
41 | 38 |
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42 | | -###### [5. Understand how a Vault works](vault/overview.md) |
| 39 | +**5. [Understand how a Vault works](vault/overview.md)** |
43 | 40 |
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44 | | -###### [6. Operate your own Vault](vault/guide.md) |
| 41 | +**6. [Operate your own Vault](vault/guide.md)** |
45 | 42 |
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46 | | -###### [7. Build your own Dapps with interBTC](developers/integration.md) |
| 43 | +**7. [Build your own Dapps with interBTC](developers/integration.md)** |
47 | 44 |
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48 | 45 | ## Contributions |
49 | 46 |
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50 | | -interBTC is an open-source project. We welcome contributions to the code and documentation. Feel free to checkout our [GitHub](https://github.com/interlay) or [Discord](https://discord.gg/KgCYK3MKSf). |
| 47 | +interBTC and Kintsugi are an open-source projects. We welcome contributions to the code and documentation. Feel free to checkout our [GitHub](https://github.com/interlay) and [Discord](https://discord.gg/KgCYK3MKSf). |
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