> For the complete documentation index, see [llms.txt](https://docs.leadfi.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.leadfi.org/readme/what-is-leadfi.md).

# What is LeadFi

LeadFi is a user-friendly bridge that turns native BTC into **leadBTC**, an ERC-20 style token you can use across supported EVM chains. You can always redeem leadBTC back to native BTC.

**Why it matters**

* Put idle BTC to work in DeFi.
* 1:1 relationship: 1 BTC ↔ 1 leadBTC (minus network & policy fees).
* Simple UX: connect wallets, follow prompts, track status in-app.

**Core actions**

* **Mint**: Send BTC to the LeadFi reserve address (memo handled automatically in-app) → receive leadBTC.
* **Bridge**: Move leadBTC between supported EVM networks.
* **Withdraw**: Burn leadBTC on an EVM chain → receive native BTC.


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