Bitcoin DeFi 'Infrastructure Pioneer', @BitlayerLabs Creates a New Ecological Landscape

The security foundation of Bitcoin is unmatched, but its lack of smart contract functionality has always made it difficult to engage in the DeFi field. @BitlayerLabs transforms into an 'Infrastructure Pioneer', building a Layer 2 network on top of Bitcoin, preserving its native security while addressing functional shortcomings, and painting a brand new picture for the Bitcoin DeFi ecosystem.

The technical combination of #Bitlayer is impressive: BitVM bridging technology enables secure cross-chain asset flow, allowing Bitcoin to seamlessly connect with DeFi protocols on other blockchains; high-throughput Rollup solves transaction congestion, enabling rapid deployment of financial applications on Bitcoin; and EVM compatibility lowers development barriers, allowing Ethereum developers to bring mature DApps to the Bitcoin ecosystem and 'explore new territories'. These three technologies give Bitcoin the ability to participate in modern financial activities instantly.

The yield-bearing asset YBTC acts as the 'catalyst' of the ecosystem—like Bitcoin's 'avatar', it can circulate and accrue interest in DeFi while also being redeemable for native BTC at any time, with liquidity intact. Users can deposit YBTC into lending platforms to earn interest or provide liquidity on DEXs to earn fees, with considerable annualized returns. #Bitlayer is building a full-chain DeFi service from cross-chain assets to complex derivatives, and Bitcoin is about to become a true 'financial infrastructure'. Join #Bitlayer to seize the ecological dividend opportunity.