#Bitlayer Ecological Rise: @BitlayerLabs How to Make Bitcoin ‘Useful’?
The value of Bitcoin should not only stay in ‘holding’ but should also be reflected in ‘usage’. @BitlayerLabs is building a complete Bitcoin application ecosystem with #Bitlayer , transforming BTC from a digital asset into a versatile tool that can be used for lending, trading, and payments.
In the past, the core reason Bitcoin struggled to integrate into DeFi was ‘insufficient programmability’. @BitlayerLabs has solved this problem through the Layer 2 smart contract layer—based on Bitcoin's native security architecture, supporting complex contract logic, allowing developers to build lending platforms, decentralized exchanges, stablecoin systems, etc., while BTC is bridged by BitVM to become the core asset of these applications. Currently, the ecosystem has launched 15 DeFi applications, covering the full spectrum from basic swaps to advanced derivatives.
User experience has also been redefined. Through the lightweight wallet of #Bitlayer , users can participate in activities like YBTC staking and cross-chain arbitrage without needing to learn complex operations. For example, in lending, users can pledge BTC to obtain stablecoins, preserving the appreciation of BTC while using the loan for reinvestment, significantly increasing capital efficiency. Data shows that the average asset utilization rate of users has increased by 300% compared to simply holding BTC.
@BitlayerLabs 's ambitions go beyond DeFi. Plans are underway for #Bitlayer to expand into NFT, GameFi, and other fields, making BTC the ‘hard currency’ of the metaverse. Imagine this: purchasing digital artworks with BTC, using YBTC for in-game purchases—what once seemed impossible is becoming a reality on #Bitlayer .
From ‘storing’ to ‘using’, @BitlayerLabs has unlocked Bitcoin’s application potential. As more and more scenarios embrace BTC, its value will no longer solely depend on price fluctuations.