In the BTCFi track, #Bitlayer changes the game with Bitcoin. The BitVM Bridge allows converting BTC to YBTC, enabling direct participation in income on the blockchain. @BitlayerLabs combines security and convenience, making cross-chain operations simple and safe while protecting users' assets.
In the #Bitlayer ecosystem, there is collaboration with several public chains and mining pools, including Sui, Base, Arbitrum, Cardano, Antpool, F2Pool, SpiderPool, which allows BTC to circulate in a multi-chain environment, creating a powerful network effect. Participants can earn income and also participate in the governance and development of the ecosystem, which allows for the full realization of BTC's value.
Funding and community also provide strong support. @BitlayerLabs completed a funding round of $25 million, and through the Binance Wallet Booster and Pre-TGE, allowed community participants to get involved early in building the ecosystem and receiving growth dividends. Technologies, the ecosystem, and community #Bitlayer form a closed loop, allowing BTCFi to move from concept to real application.
In general, #Bitlayer transforms BTC from a store of value into a financial instrument that can be used, increased in value, and participated in. Reliable execution @BitlayerLabs will contribute to the rapid development of the BTCFi ecosystem. #Bitlayer
