This proposal would add BTC.int3 as a constituent of Alloyed BTC with an initial static limit of 2%.
Alloyed BTC
Alloyed BTC was recognized as the canonical Bitcoin on Osmosis in Proposal 813.
It currently has around 106 BTC in supply on Osmosis and consists of:
- WBTC.eth.axl (Axelar bridge from Ethereum) (75% Cap)
- WBTC (Natively Issued on Osmosis)
- ckBTC (Chain-Key Bitcoin via ICP) (35% Cap)
- nBTC (Nomic Bridged Bitcoin) (35% Cap)
- cbBTC (Coinbase Bitcoin via Axelar) (75% cap)
- WBTC.eth.atom (Eureka from Ethereum) (10% cap)
Statistics of the BTC alloy can be seen on the Alloyed Asset Dashboard.
This proposal requests that BTC.int3 be added to the existing Bitcoin Alloy, enabling BTC deposits via the Int3face bridge. This provides another decentralized Bitcoin to Osmosis deposit method.
This proposal adds an initial static rate limit of 2% to bound risk to Alloyed BTC for a new variant in line with previous additions. The initial exposure here is around 2.1 BTC, approximately $250,000. This may be further expanded by governance as adoption grows and transfers occur without incident.
For a complete description of Alloyed Assets, see the Blog Post
About Int3face
Int3face are the operators of the Bi[t]fröst bridge, currently used on Osmosis as the source of DOGE, LTC, BCH as well as variants of SOL and TON.
Int3face uses a novel implementation of leaderless Threshold Signature Schemes (TSS), offering a secure and decentralized bridging mechanism between DOGE and Osmosis.
Int3face is expanding this offering to become a bridge operator for Bitcoin, Ripple, Litecoin, Bitcoin Cash, Telegram Open Network, and Solana.
Website: https://int3face.zone/
Target Onchain Date: 24th July 2025
Edit: 2nd May 2025, reduced limit from 10% to 5%, updated current alloy status, added clarification that this is a decentralized Bitcoin to Osmosis bridge.
Edit: 21st July 2025, reduced limit from 10% to 2% to bring exposure in line with previous addition proposals