PANews reported on January 17 that Bitlayer, the first Bitcoin second-layer solution built on the BitVM paradigm, officially announced the first minimal-trust BTC bridge Finality Bridge driven by BitVM technology.
Finality Bridge is built on BitVM technology, with the characteristics of high security, support for native returns and programmability. It supports users to safely mint BTC into YBTC (Yield BTC) tokens in a trust-minimizing manner, participate in DeFi scenarios such as liquidity mining, staking or lending in Bitlayer and other blockchain ecosystems, and obtain diversified integrated returns without worrying about complex conversion processes or high transaction costs.
Currently, Bitlayer Finality Bridge has been launched on the test network and supports user login and use. The subsequent team will soon launch more new features.
