"If you're familiar with AAVE, it's by far one of the largest applications within Ethereum. We're the first Bitcoin chain that they decided to support publicly, pre-mainnet, which is really exciting. So we're working with that team, and it's really important to have partners like AAVE onboard because Bitcoiners like the fact that it's battle-tested code — they have a track record. So on day one on the Spiderchain, you'll be able to use your Bitcoin as collateral..." - Alisia Painter answering to Rachel on Web3 Deep Dive

Don't Trust, Verify.

What is the Spiderchain? The Spiderchain is a trust-minimized network of multisigs managed by a set of orchestrator nodes called the Federation. Enabling Bitcoin to be used in smart contracts without compromising censorship resistance or custody. It creates a new execution layer where Bitcoin is used to pay for gas in an EVM-compatible environment.