WHAT EXACTLY IS BITLAYER AND WHAT DOES IT OFFER?
Bitlayer is the pioneer of the first BitVM implementation. By combining unmatched security with an ultra-fast smart contract engine, Bitlayer harnesses the full potential of Bitcoin DeFi.
Built on Bitcoin's native security architecture, Bitlayer constructs a minimized-trust BitVM bridge, a yield-generating YBTC asset, and a high-throughput Bitcoin Rollup, bringing true utility, speed, and composability to Bitcoin and establishing a complete DeFi infrastructure for the Bitcoin ecosystem.
In short, Bitlayer allows you to make your BTC profitable with a farming system, so you bridge your BTC to receive YBTC that will enable you to earn yields.
And the craziest product? Bridge Pro
An institutional-level YBTC mining tool, based on the minimal-trust BitVM2 protocol. Suitable for users with an entry threshold of at least 1 BTC.
In fact, it's really bold; they are targeting big investors.
Currently, a TVL OF 752,558,870$ which still seems quite interesting.
What is your opinion on Bitlayer, guys?
