The 'New Identity' of Bitcoin: From a Sleeping Treasure to an Active Player
On the map of the crypto world, Bitcoin has always been like a silent giant. It stands firmly at the peak of market capitalization but is often labeled as 'just lying quietly'—people hide it in wallets as a treasure,
Until the summer of 2025, this situation was broken by a crisp 'collaboration initiated'.
Engineers at Bitlayer Labs stared at the pulsating data on the screen, their eyes sparkling with excitement. They had spent countless nights with partners from Folks Finance and Chainlink, finally building a special bridge with BitVM Bridge. This bridge is not long, but it allows Bitcoin to step steadily into the Folks Finance platform on the Avalanche network, transforming into $YBTC.B.
'It’s still the original Bitcoin, yet it’s different now,' the project leader said with a smile to the team. Users can flexibly use $YBTC.B on the platform without selling their Bitcoin: they can mortgage it for some liquidity emergencies or put it into yield strategies to 'earn some pocket money'. It's like turning home gold jewelry into an income-generating asset, with the principal unchanged and an added surprise.
When the news spread, the community erupted. Some dug up old news of Bitcoin's Taproot upgrade in 2021 and suddenly realized: 'So that upgrade had already laid the groundwork, just waiting for today to let Bitcoin learn new skills!'
Amid the excitement, veteran players always recall the thrilling hacking incident in 2022, where the lesson of $600 million evaporating due to a smart contract vulnerability was too profound.
The August sun shone through the window, illuminating the countdown page for YBTC.B's launch. On the screen, Bitcoin's $1.2 trillion market cap figure was still striking, but at this moment it was no longer just a cold 'store of value'.
When the first user completed a mortgage loan with YBTC.B, ripples appeared on the data chain—like the giant finally stretching and taking its first step toward a new world.
No one knows how far this road can go, but at least from today, Bitcoin's story now includes the two vibrant words 'active' and 'possibility'.
