《#Bitlayer : @BitlayerLabs Injecting New Vitality into Bitcoin》
In the crypto world, Bitcoin's security is widely recognized, but its further development faces many challenges. @BitlayerLabs , with the technology of #Bitlayer , injects new vitality into Bitcoin, expanding into new DeFi territories. #Bitlayer
#Bitlayer is based on Bitcoin's native security architecture, carefully crafting the trust-minimized BitVM bridge, yield asset YBTC, and high-throughput Bitcoin Rollup to establish a complete DeFi infrastructure for the Bitcoin ecosystem, providing practicality, speed, and composability.
The BitVM Bridge, as a trust-minimized BTC cross-chain solution, is based on a challenge verification mechanism, ensuring security, transparency, and traceability, and has successfully launched on the mainnet. The Bitlayer Network, as an EVM-compatible Bitcoin Rollup, achieves latency as low as milliseconds, strongly supporting large-scale DeFi and on-chain interactions, endowing Bitcoin with smart contract capabilities and an efficient financial trading environment.
@BitlayerLabs has achieved remarkable results in ecological cooperation, collaborating with well-known public chains such as Sui, Base, Arbitrum, Cardano, as well as top mining pools like Antpool, F2Pool, and SpiderPool, providing cross-chain asset inflows and computing power guarantees for #Bitlayer , helping BTCFi take root.
#Bitlayer has also reaped significant rewards in financing, securing $25 million in investments led by Polychain Capital, Franklin Templeton, and others. Currently, @BitlayerLabs 's collaboration with Binance Wallet on the "Booster" initiative has entered a critical phase, encouraging users to participate and win BTR token rewards, experiencing the charm of the next generation BTCFi ecosystem in advance.
Since the cooperation with Binance Wallet began in December 2024, a series of activities such as the BTCFi Carnival, Booster initiative, and Pre-TGE events have attracted a large number of users, enhancing the project's influence. The BTR token plays a key role in usage, security, and governance, achieving value capture.