@BitlayerLabs #bitlayer
In recent years, everyone has been saying that 'Bitcoin is about to enter DeFi', but there have actually been very few real-world cases. Most of the time, BTC is still lying in wallets, lacking flexible financial tools.
Now, @BitlayerLabs Bitlayer has provided a new answer. Recently, the $YBTC.b vault on @FolksFinance has accumulated over 50+ YBTC deposits. This may seem like just a number, but the significance behind it is great. It represents a rapidly increasing trust from users in YBTC.b, and the liquidity of the Bitlayer ecosystem is being gradually activated.
Why is this important? Because Bitcoin itself is the most valuable and safest asset in the crypto market, but in the past, it was stuck in the role of 'only being stored'. The emergence of YBTC.b allows BTC to enter DeFi while maintaining its safety attributes, gaining yields, participating in liquidity, and even becoming the underlying asset for new financial applications. In other words, this is the first step for BTC to move from 'static value storage' to 'dynamic finance'.
And this is just the beginning. The accumulation of 50+ YBTC deposits demonstrates user interest and willingness to adopt, but as ecosystem partnerships expand and more DeFi protocols are integrated, this number may just be the 'tip of the iceberg'. From small-scale trials to large-scale liquidity, the financialization process of BTC may happen faster than expected.
For me, this data from FolksFinance is a signal: Bitcoin DeFi is no longer just a vision; it has truly entered the early implementation stage. The future of BTCFi is being built step by step.
