📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
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Bitlayer – The layer 2 solution for Bitcoin that is changing the DeFi game.
For over a decade, Bitcoin has been regarded as "digital gold" – the safest store of value in the crypto world. However, its limitations in programming capabilities have left Bitcoin behind in the race for innovation, giving way to Ethereum and other smart contract blockchains. This is changing rapidly. Bitlayer was created not to replace Bitcoin, but to "breathe life" into it, transforming BTC from a dormant asset into a part of the vibrant decentralized economy. Unlike many previous solutions, Bitlayer accomplishes this without compromising the inherent security of Bitcoin. Mechanism: No Wrapped, No Custody – Completely Native The core of Bitlayer is the BitVM Bridge. Users do not need to send BTC to a centralized service or governance alliance. BTC is locked directly on the Bitcoin main chain. In the Bitlayer ecosystem, BTC is represented by YBTC – a yield-generating asset, backed by Bitcoin, that can freely move across DeFi protocols. What sets Bitlayer apart: instead of "trusting" intermediaries, every connection minimizes trust and is verified through a fraud-proof mechanism. In the event of a dispute, they will be resolved directly on the base layer of Bitcoin. What has worked right today Bitlayer is no longer just a concept. The infrastructure and applications are ready, with many practical use cases: BTC profit strategy – deposit YBTC into lending pools, stablecoin vaults, or automated yield farms. On-chain trading – DEX in Bitlayer supports swaps between YBTC, stablecoins, and other assets in just a few seconds. BTC collateralized borrowing – hold BTC, but still have liquidity by locking YBTC in smart contracts. Cross-border payments – merchants and service providers can receive BTC and automatically convert it to local stablecoins. Case study: International payment corridor In Africa and Southeast Asia, Bitlayer has been applied in free payments and small-scale exports. Process: Global customers send BTC to BitVM Bridge. Recipients receive YBTC in Bitlayer within minutes. YBTC is swapped via AMM to USD or local stablecoin. Funds are withdrawn to stablecoin wallets or mobile money. Result: Lower fees than PayPal or bank transfers. Time under 10 minutes. No worries about exchange rates. Security: Bitcoin remains the focus Previous scaling solutions often required trust in multisig or sending BTC to another chain. This creates a "honeypot" that is easy to hack. Bitlayer completely changes: Security anchor: disputes are resolved on the Bitcoin main chain. Control belongs to the user: BTC can always be reversed. Risk mitigation: no more huge centralized funds that are vulnerable to attacks. For those who prioritize safety, Bitlayer is a revolutionary solution. Why do programmers turn to Bitlayer The biggest attraction is the combination of Bitcoin-level security and EVM programming capability. Emerging applications: DEX has liquidity pools and limit orders. The lending protocol is optimized for BTC collateral. Stablecoin issued based on YBTC reserves. Derivatives asset platform. Liquidity: Growth Engine The more BTC is brought into Bitlayer, the more abundant the liquidity pools become. Liquidity attracts traders, generates fees for LPs, and pulls in more capital – a cycle similar to DeFi on Ethereum in 2020, but this time within the security framework of Bitcoin. The future has arrived – No longer on the roadmap The big difference: Bitlayer is not just an idea. The bridge is operational. The Rollup has processed transactions. The application has been practically used. Users do not have to wait for the launch date – they can start earning profits, borrowing, and making payments right now. Conclusion Bitlayer is not intended to replace Bitcoin, but to give it a second life. BTC still maintains its role as the safest asset, but has now also become a "core ingredient" for a dynamic DeFi economy. With YBTC, BitVM Bridge, and Bitcoin Rollup, the BTC ecosystem is entering its most dynamic phase ever. If in the past Bitcoin was just "digital gold", now, get ready for Bitcoin working for you. ♡𝐥𝐢𝐤𝐞💬 ➤ @BitlayerLabs #Bitlayer