Bitcoin has successfully broken through the historical high of $120,000, and the market has officially entered the warming period of BTCFi Summer. As the Bitcoin ecosystem expands, capital is looking for new opportunities, and Bitlayer is opening up a new situation for BTC holders to 'have their cake and eat it too'.#bitlayer #Bitlayer

The broader context of BTCFi

In the past DeFi boom, ETH naturally enjoyed staking yields due to the PoS mechanism, while BTC holders mostly could only 'watch the price rise', unable to efficiently utilize their assets to generate passive income.

The emergence of @BitlayerLabs is precisely to address this pain point—making BTC truly 'move' and enter the yield cycle of DeFi.

Flexible yields, double rewards, and airdrop expectations—truly a case of having your cake and eating it too

The bfBTC product launched by Bitlayer provides BTC holders with a low-threshold, flexible, and efficient yield solution:

Annualized yield of 5%-8%

Through a flexible access mechanism with a 7-day cycle, users can obtain stable returns without sacrificing liquidity.

Double incentives

In addition to interest, users who deposit bfBTC can also earn Bitlayer Points, which can be used for participating in ecological activities and potential airdrop allocations in the future.

Asset reuse

On Bitlayer, assets generated from staking can continue to participate in other DeFi scenarios, such as lending, liquidity mining, etc., achieving multiple utilizations of a single BTC.

This means that users can not only earn stable interest but also participate in ecological incentive activities, maximizing the value extraction of BTC.

Historical experience shows that in the 1-2 weeks following BTC's new highs, capital quickly flows from BTC itself to L2 infrastructure, staking protocols, and ecological applications.

Bitlayer, as an important participant in BTC L2, is at a potential explosion point of capital rotation, and bfBTC is the best entry point for ordinary users to engage in this round of BTCFi Summer.

Risk warning

Although Bitlayer offers flexible redemption and high yields, users still need to be cautious:

The yield will fluctuate based on market conditions

There are smart contract risks in DeFi protocols

If the BTC price experiences a sharp correction, it may affect the pace of capital inflow

Follow the orange cat to help you find the next hundredfold opportunity