#Bitlayer is paving the way for new financial uses of Bitcoin. Through BitVM Bridge, BTC can generate YBTC, which directly enters DeFi for yield participation. The secure design and low trust architecture of @BitlayerLabs make cross-chain operations both convenient and reliable, allowing users to have peace of mind.
In terms of ecosystem layout, #Bitlayer has formed close cooperation with public chains such as Sui, Base, Arbitrum, Cardano, and mining pools like Antpool, F2Pool, and SpiderPool, enabling BTC to circulate across multiple chains, improving asset utilization and network effects. Users can earn yields and participate in ecological governance, enhancing their interactive experience.
Regarding funds and community, @BitlayerLabs has completed a $25 million financing round and allows users to participate early in ecosystem construction through Binance Wallet Booster and Pre-TGE, enjoying the benefits of growth. The technology, ecology, and community of #Bitlayer form a closed loop, turning BTCFi from concept to practical use.
Ultimately, Bitcoin is no longer just a store of value; #Bitlayer makes BTC usable, participative, and value-enhancing. The steady advancement of @BitlayerLabs will drive the continuous growth of the BTCFi ecosystem. #Bitlayer