Bitlayer's YBTC.B has landed on FolksFinance, Bitcoin players are ecstatic: we can once again creatively farm for rewards!
Collaboration in the blockchain circle is like opening a blind box, always surprising us with new tricks. This time, @BitlayerLabs has pulled off something big—its own YBTC.B has successfully landed on FolksFinance. As soon as the news broke, the excitement among investors and users reached a peak, akin to winning a prize!
Speaking of YBTC.B, it is Bitlayer's proud creation, backed 1:1 by Bitcoin, making it a heavyweight in cross-chain liquidity. Now that it's settled in FolksFinance, the benefits for users are like receiving a red envelope during the New Year:
- Holding onto Bitcoin but reluctant to let go? No problem! Just leverage it directly, and watch the profits soar while your Bitcoin remains safely in your pocket. Now you can have your cake and eat it too.
- In urgent need of cash but worried about Bitcoin potentially increasing in value? YBTC.B to the rescue! Easily obtain liquidity, solving your immediate cash needs without hindering Bitcoin's future appreciation into a "gold nugget"—it's simply perfect!
- Want to let Bitcoin generate some "small money"? There are so many DeFi products on FolksFinance that you'll be spoiled for choice. Using YBTC.B for lending and liquidity mining, achieving an annualized return of 10%-20% is not a dream, making it possible for Bitcoin assets to earn passively!
@BitlayerLabs has previously focused on the Bitcoin DeFi infrastructure, laying a solid technical foundation with tough tools like BitVM Bridge. This time, hand in hand with FolksFinance, YBTC.B's stage is even bigger, and we can't wait to see what new tricks will be played in the future, truly making us rub our hands in anticipation!
