Updates & Insights
Protocol updates, research, and insights.
Vault mechanics, yield research, and product announcements from the Ern core team.
Perspectives
Mar 20, 2026
Earning vs. Borrowing: Two Ways to Build a Bitcoin Position, and Why One Has a Better Track Record
Announcements
Ern Bug Bounty Program: Immunefi
Announcements
Ern Smart Contract Audit: Halborn
Announcements
Introducing Ern: Earn Bitcoin From Your Stablecoins
Ern is a non-custodial DeFi protocol on Ethereum that lets users deposit stablecoins like USDC or USDT and earn daily yield paid in Bitcoin. Stablecoins generate market-based lending yield, which is automatically converted into wBTC and distributed to users, allowing them to accumulate Bitcoin while keeping their principal in stable assets.