Momentum joins hands with Bitlayer, and BTCFi on the Sui chain is about to make big waves!
Recently, there’s good news in the crypto circle: Momentum and the pioneer of the Bitcoin ecosystem, @BitlayerLabs , have successfully teamed up, planning to innovate the BTCFi gameplay on the Sui chain, adding new hope to users' wallets.
Speaking of Bitlayer, it is the first second-layer network in the Bitcoin circle driven by BitVM, inherently possessing a "star aura" from the start. Its BitVM Bridge is known as the "trustless courier" in the cross-chain world, securely delivering Bitcoin to its own ecosystem. Coupled with real-time execution technology, its security level directly matches that of Bitcoin itself, making it very reliable!
Additionally, @BitlayerLabs has launched YBTC.B, which is essentially the "new top player" in cross-chain liquidity for Bitcoin—whether on EVM chains or non-EVM chains, with it, native Bitcoin can flow freely in the multi-chain DeFi ecosystem, shining in various scenarios, no longer trapped in a single chain to "lay flat".
Now, with Momentum helping to set the stage, funds can flow into the Sui DeFi ecosystem, further boosting users' yields. In the future, everyone will be able to use YBTC.B for lending and liquidity mining on the Sui chain, easily achieving annual returns of 10%-20%. Just thinking about it is exciting!
It seems that the collaboration between Momentum and Bitlayer is set to inject tremendous vitality into BTCFi on the Sui chain, taking Bitcoin to new heights in the decentralized finance arena. What surprises are coming next? Let’s get our little stools ready and wait to see~
