Tools tagged "Cross-Chain"

Hemi is a programmable Bitcoin Layer 2 network that bridges Bitcoin and Ethereum to unlock true BTCFi (Bitcoin Finance). Powered by its proprietary Proof-of-Proof (PoP) consensus and the Hemi Virtual Machine (hVM), Hemi enables developers to build scalable, secure, and Bitcoin-aware decentralized applications. Through seamless asset tunneling, EVM compatibility, and deep Bitcoin integration, Hemi creates a new frontier for Bitcoin-backed DeFi, AI, DAOs, and cross-chain innovation.

BOB is a hybrid <a href="https://www.toolsforbitcoin.com/tag/layer%202" target="_blank">Layer 2(L2)</a> platform that combines Bitcoin's security with Ethereum's versatility, aiming to enhance Bitcoin's utility within decentralized finance (DeFi). By integrating Ethereum Virtual Machine (EVM) compatibility, BOB enables developers to deploy <a href="https://www.toolsforbitcoin.com/tag/smart%20contracts" target="_blank">smart contracts</a> on Bitcoin, facilitating a seamless experience for users and builders alike.

Yala is a decentralized finance (DeFi) platform that bridges Bitcoin liquidity to various blockchain ecosystems through its Bitcoin-backed stablecoin, $YU. By enabling Bitcoin holders to mint $YU, Yala facilitates participation in DeFi opportunities across multiple chains without the need to sell their BTC holdings.

Velar is a decentralized finance (DeFi) protocol built on Bitcoin, offering a suite of financial services including decentralized trading, perpetual swaps, and token launch platforms. By leveraging Bitcoin's security and integrating with various Layer-2 solutions, Velar aims to enhance the Bitcoin DeFi ecosystem, providing users with secure, efficient, and scalable financial tools.