Highlights of Folks Finance's Collaboration with Bitlayer Labs:
- Building cross-chain and cross-ecosystem DeFi financial scenarios to enhance the liquidity and convenience of Bitcoin assets in DeFi.
- Folks Finance provides multi-chain lending technology and liquidity support to address the fragmentation of DeFi liquidity and cross-chain friction issues.
- Bitlayer Labs introduces Layer 2 programmability and cross-chain bridging for Bitcoin, empowering Bitcoin to participate in a broader DeFi ecosystem.
- The collaboration enhances the freedom and security of cross-chain lending and asset management, reducing operational complexity and risk.
- Promoting the closed loop of the BTCFi ecosystem, marking the transition of the crypto space towards an open and efficient cross-chain financial ecosystem by 2025, bringing rich financial products and innovative scenarios.
