@BitlayerLabs #Bitlayer 🚀
Many people only see Bitcoin as a "piggy bank," but I have always believed that its potential goes far beyond that. Bitlayer is doing something that excites me—a way to make BTC not just sit there, but truly move, generate profits, and participate in DeFi.
With the BitVM Bridge, Bitlayer can securely transfer BTC onto the chain without over-relying on third parties, and it does so quickly. At the same time, it has a YBTC that is 1:1 pegged to BTC, which means you can hold Bitcoin while it helps you earn yields. Coupled with the Bitlayer Network, a high-performance Bitcoin Rollup that is not only EVM-compatible but also offers low-cost, instant confirmations, this brings many new opportunities to the BTC ecosystem.
In terms of partnerships, Bitlayer has already teamed up with public chains like Sui, Base, Arbitrum, and Cardano, as well as mining pools like Antpool and F2Pool; in terms of capital, major institutions like Polychain and Franklin Templeton have also invested $25 million. To be honest, this backing is quite solid.
Now, Bitlayer has also collaborated with Binance Wallet for a "Booster" event, where participants have a chance to receive $BTR airdrops. The financialization process of Bitcoin is accelerating, and Bitlayer has already paved the way ahead.