#Bitlayer is a layer 2 platform built on the Bitcoin network aimed at bringing smart contracts to it, seeking to reduce congestion on the Bitcoin network 1, taking only 3 seconds, and focused on fraud prevention. Additionally, it is a secure and complete DeFi infrastructure on Bitcoin that allows for lightweight transactions between blockchains. It has recently launched its BitVM bridge on the mainnet of @BitlayerLabs , which allows you to convert your BTC's into a new token called YBTC, enabling its use in DeFi on networks like Sui, Base, and Arbitrum, achieving new yields safely. With the launch of its token, a strengthening of the ecosystem and greater usage by the community is expected.
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