Bitcoin Layer 2 'Super Engine', @BitlayerLabs Activates Ecological Energy
The security of Bitcoin is irreplaceable, but the limitations of the native network make it slightly lag behind in the DeFi wave. The Bitcoin Layer 2 solution created by @BitlayerLabs is like equipping Bitcoin with a 'super engine', preserving its native security while granting it flexible programmability, allowing the ecosystem to instantly burst with energy.
#Bitlayer breaks the 'island dilemma' of Bitcoin with BitVM bridging technology, achieving secure cross-chain asset transfers, enabling BTC to freely participate in DeFi activities across ecosystems like Ethereum and BNB Chain. The high-throughput Rollup technology increases transaction confirmation speeds by over 10 times and reduces transaction fees by 90%, completely solving the pain points of Bitcoin's 'slow transfers and high costs'. Even better, #Bitlayer is EVM-compatible, allowing mature applications such as lending protocols and DEXs on Ethereum to be migrated to Bitcoin Layer 2 with a single click, providing zero barriers for developers to enter.
The yield asset YBTC provides Bitcoin holders with an additional path to generate income—by depositing into liquidity pools to earn transaction fees or using it as collateral to borrow stablecoins, with considerable annualized returns. #Bitlayer is building a 'secure + efficient + rich' Bitcoin financial ecosystem, which features the underlying security of Bitcoin and the flexible yields of DeFi. Join #Bitlayer and witness the transformation of Bitcoin from a 'store of value' to a 'financial hub'.