Bitlayer: Let Bitcoin Embrace DeFi and Start a Wave of Financial Innovation

Bitcoin, as the representative of digital currency, has won the trust of global users with its decentralization and security. However, in today's booming DeFi landscape, the application scenarios of Bitcoin seem relatively singular. @BitlayerLabs is based on Bitcoin's native security architecture, bringing new development opportunities for Bitcoin, allowing it to truly embrace DeFi.

The BitVM bridging technology of #Bitlayer achieves a secure connection between Bitcoin and other blockchains, enabling Bitcoin assets to flow freely in different ecosystems, laying the foundation for Bitcoin's participation in the global DeFi ecosystem. The yield asset YBTC provides Bitcoin holders with an innovative yield model, allowing Bitcoin assets to appreciate in value through participation in various financial activities. The high-throughput Bitcoin Rollup technology significantly enhances Bitcoin's transaction speed, reduces transaction costs, and increases the usability of Bitcoin. #Bitlayer

Supporting EVM compatibility is a significant advantage of #Bitlayer . This allows a large number of developers in the Ethereum ecosystem to migrate their DApps to the Bitcoin Layer 2 network, bringing a wealth of applications to the Bitcoin ecosystem, including lending, trading, NFTs, etc. Through the efforts of @BitlayerLabs , Bitcoin is building a complete DeFi ecosystem, providing users with more diversified financial services.

Whether you are an investor focused on Bitcoin development or a developer eager to innovate in the blockchain field, #Bitlayer offers you a broad space for development. Join #Bitlayer and let Bitcoin embrace DeFi together, starting a wave of financial innovation!