Bitlayer Don Launch BitVM Bridge to Mint YBTC for Bitcoin DeFi
Bitlayer don launch BitVM Bridge for Bitcoin mainnet, na trust-minimized cross-chain solution wey fit make users lock BTC for clear smart contracts and mint 1:1 pegged YBTC tokens for Layer 2 networks. BitVM Bridge dey secure assets with on-chain dispute and fraud proofs wey dey anchored to Bitcoin PoW. After dey do correct tests for Bitcoin Testnet3 and BitVMNet, the mainnet launch na the first time dem run live app of the BitVM style. The bridge join with Sui, Arbitrum, StarkNet, Base, Cardano and Plume, to make Bitcoin DeFi liquidity bigger across chains. Bitlayer dey preview Network 2.0 with sub-second finality, decentralized sequencers and fund escape hatches, and dem get plans for Network 3.0 wey go give millisecond settlement and parallel EVM run. Traders fit now bridge BTC via BitVM Bridge to get new YBTC yield ways for staking, lending and trading. Bitlayer go expand network support, plus launch audits, bug bounties and decentralization moves.
Bullish
Di BitVM Bridge launch fit get positive tin for YBTC and BTC short term as e go allow immediate bridging and yield chances wey fit make people wan buy YBTC tokens and put money for BTC. For di long run, di trust-minimized design, join with plenti Layer 2 networks plus roadmap for Network 2.0 and 3.0 dem go support better Bitcoin DeFi liquidity, institutional confidence and more adoption. Historical launches of strong cross-chain bridges dey usually cause steady increase for on-chain activity and token use, wey show say better future dey for YBTC and di markets wey relate to am.