@BitlayerLabs is improving Bitcoin by making it faster, more flexible, and useful for decentralized finance (DeFi).
At the heart of Bitlayer is the BitVM Bridge, which allows people to use their Bitcoin in DeFi without losing security. It also introduces YBTC, a version of Bitcoin that earns interest while staying tied to Bitcoin’s value. YBTC can be used for lending, borrowing, and trading—safely secured by Bitcoin’s system.
Bitlayer’s Rollup technology allows for quick, high-volume transactions, making DeFi on Bitcoin as smooth as on other modern blockchains. It’s designed with fast confirmations, decentralized systems, and a backup plan in case anything fails.
In the future, Bitlayer will support even faster performance and exchange-like trading. With support from big mining pools and connections to other platforms, Bitlayer is building the foundation for a full DeFi ecosystem on Bitcoin.