💎 Bitlayer Market Response 💎
YBTC Vault 50+ Deposits, Why Can Bitlayer Quickly Earn User Trust?
On @FolksFinance's YBTC.b Vault, there have been over 50 YBTC deposits in a short time, and this level of trust is no coincidence! First, YBTC is 1:1 supported by Bitcoin, and users know their money corresponds to real Bitcoins, which gives them confidence; second, Bitlayer's technical backing is strong — the trust minimization of the BitVM bridge and the security guarantees of V2 make users feel safe depositing YBTC; finally, the ability to earn interest is very attractive. Bitcoin holders could only watch their assets sit idle, but now by depositing YBTC they can earn returns, so they are naturally willing to try. This also indicates that users do want to participate in Bitcoin DeFi; they just lack products that meet both “security + returns” standards, and Bitlayer has precisely hit this demand point.
