《#Bitlayer : Opening a New Era of Bitcoin Finance - @BitlayerLabs 》

Bitcoin holds a pivotal position in the cryptocurrency space, but I believe its potential has yet to be fully unleashed. Its next significant direction of development is to integrate into a richer financial system, and #Bitlayer is the key to unlocking this new financial era of @BitlayerLabs . #Bitlayer

#Bitlayer is built on Bitcoin's native security architecture, creating a trust-minimized BitVM bridge, yield-bearing asset YBTC, and high-throughput Bitcoin Rollup, to establish a complete DeFi infrastructure for the Bitcoin ecosystem, endowing Bitcoin with more possibilities in the financial sector, enhancing its utility, speed, and composability.

As the core entry point, the BitVM Bridge uses a trust-minimized security model to ensure safety when BTC enters the DeFi world across chains. Bitlayer Network, as an EVM-compatible Bitcoin Rollup, brings a development experience similar to Ethereum for the BTC ecosystem thanks to its low-latency execution capabilities, allowing Bitcoin to better adapt to complex financial applications. @BitlayerLabs is the first to implement BitVM technology on the mainnet, setting an innovative example in the industry.

@BitlayerLabs actively expands ecosystem collaborations, partnering with public chains like Sui, Base, Arbitrum, Cardano, and mining pools like Antpool, F2Pool, SpiderPool, forming a closed loop in liquidity, computing power, and cross-chain capabilities, giving #Bitlayer a significant competitive advantage in the BTCFi track.

With $25 million in institutional financing led by Polychain Capital, Franklin Templeton, and others, strong financial support has been provided for development. Currently, the “Booster” event in collaboration with Binance Wallet for #Bitlayer has entered its second phase, giving participants a chance to earn BTR token rewards, and the Pre-TGE is also approaching.

It is leading BTC out of the inherent model of 'storage' into the true DeFi world. Through the BitVM Bridge, BTC can generate YBTC and participate in on-chain yield and financial activities. @BitlayerLabs has completed deployment on the mainnet, achieving high security and low-trust cross-chain operations, providing strong support for the development of BTC in the DeFi sector.