In the world of cryptocurrency, the prosperity of Ethereum DeFi has shown us the immense power of asset liquidity. However, Bitcoin, as the largest cryptocurrency by market capitalization, has rarely been truly involved in DeFi. @BitlayerLabs was created specifically to address this gap and build a complete BTCFi ecosystem.

Through BitVM, Rollup, and YBTC, Bitlayer provides a secure, liquid, and scalable Layer2 environment. Users can collateralize BTC to generate stablecoins, participate in lending, or provide liquidity in decentralized exchanges. Meanwhile, developers can also build new protocols based on Bitlayer, expanding the usage boundaries of Bitcoin.

I believe that the emergence of BTCFi will bring a second 'golden era' for Bitcoin. The first golden era was when Bitcoin became digital gold, recognized by the global market; the second golden era will see Bitcoin become the core asset of global Web3 finance. And Bitlayer is the key to unlocking this future. #Bitlayer