PANews reported on August 19th that the Bitcoin DeFi project Bitlayer has partnered with Kamino Finance and Orca to integrate its Bitcoin-backed token, YBTC, into the Solana ecosystem. YBTC, peggedPANews reported on August 19th that the Bitcoin DeFi project Bitlayer has partnered with Kamino Finance and Orca to integrate its Bitcoin-backed token, YBTC, into the Solana ecosystem. YBTC, pegged
Bitlayer partners with Kamino and Orca to bring YBTC to the Solana ecosystem
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PANews reported on August 19th that the Bitcoin DeFi project Bitlayer has partnered with Kamino Finance and Orca to integrate its Bitcoin-backed token, YBTC, into the Solana ecosystem. YBTC, pegged 1:1 to BTC, aims to enable decentralized Bitcoin transfers and provide yield opportunities for holders. Solana users can earn optimized BTC returns through Kamino's automated yield vaults while enjoying slippage-free trading through Orca's liquid markets.
In addition, users can redeem native BTC at any time through cross-chain operations. Bitlayer has also partnered with networks such as Sui, Base, and Cardano, and launched a limited-time incentive program to reward participants for using its cross-chain functions.
Opportunità di mercato
Valore DeFi (DEFI)
$0.000306
$0.000306$0.000306
USD
Grafico dei prezzi in tempo reale di DeFi (DEFI)
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