BlockBeats news, on May 19, Bitcoin's native liquidity layer Yala officially announced that its core asset YU has officially launched on the Solana mainnet, marking an important milestone in its multi-chain liquidity strategy for Bitcoin. Following the mainnet launch on May 16, Yala is accelerating the ecological layout of its 'ultimate liquidity layer for Bitcoin.'
Through this integration, BTC holders can use BTC as collateral to mint YU and directly participate in Solana's high-performance DeFi ecosystem, engaging in low-cost, composable on-chain yield opportunities while maintaining long-term exposure to Bitcoin.
Yala is one of the first BTCfi projects to receive strategic funding and liquidity support from the Solana Foundation. This round of funding includes a $1 million USDC liquidity injection, which will be used to incentivize early users, promote the integration of native DeFi protocols, and further enhance the adoption and liquidity depth of YU on Solana.
The official statement indicates that Solana's scalability and active ecosystem provide an ideal scenario for the release of Bitcoin liquidity. In the coming days, Yala will gradually launch targeted incentive programs for LPs and traders, deepen integration cooperation with the Solana protocol, and implement community activities and early contributor reward mechanisms.
This launch is an important starting point for Yala's cross-chain strategy, and more ecological incentives and integration plans will be gradually released this summer. Yala will also engage in more interactions and presentations at this week's Solana Accelerate conference.
