🚀 Bitlayer: The Revolution of Bitcoin in DeFi Has Arrived
The cryptocurrency ecosystem is constantly evolving, and Bitlayer emerges as an innovative proposal to expand the possibilities of Bitcoin.
🔗 What is Bitlayer?
Bitlayer is a Layer 2 solution built on the Bitcoin blockchain, allowing users to participate in decentralized finance (DeFi) without compromising the security and decentralization characteristics of BTC. Through the BitVM Bridge, Bitlayer enables the conversion of Bitcoin into YBTC, a token that can be used on various DeFi platforms for yield generation.