Bitlayer (BTR) Listed on LBank Exchange, Bringing Turing-Complete DeFi to Bitcoin
LBank Exchange has listed Bitlayer (BTR), a Bitcoin Layer 2 solution based on the BitVM paradigm. This innovative platform inherits Bitcoin's security while introducing Turing-complete programmability through zero-knowledge proofs.
Bitlayer offers EVM compatibility, enabling developers to deploy DeFi, NFTs, and Web3 applications on Bitcoin. The native BTR token is used for gas fees, governance, and yield generation.
The project has secured $30 million in funding from investors like Polychain Capital and Franklin Templeton, aiming to be the foundational smart contract infrastructure for Bitcoin.