BeL2
@Be_Layer2
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Making #Bitcoin Smart. The New Bitcoin-Backed Bretton Woods System. A completely decentralized clearing network service for Native BTC DeFi. @elastosinfo
Satoshi
Joined November 2023
Sash and Sunny sat down to talk about BeL2s purpose, our loan app, and the potential to power a new era of Bitcoin-backed Stablecoins using the @ElastosInfo SmartWeb. Full interview here: https://t.co/ucuGxJQQNw
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@SunnyFengHan representing @Be_Layer2 at a round table discussion hosted by https://t.co/x0riw0Ct1d in Hong Kong
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Bitcoin's power is undeniable. It changed the game. At Elastos, we are all about enhancing it. We give BTC holders the tools to unlock more value. DeFi for Native Bitcoin - BTCFi is here! Stay tuned...
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Elastos will use 50% of BTC’s hashrate to issue BTC-backed stablecoin to support AI Agent economy outbreak in the future.
⚡️ RESEARCH: BTCFi is making Bitcoin a DeFi powerhouse. Elastos secures ~50% of BTC’s hashrate and enables trustless lending, BTC-backed stablecoins, and crosschain transactions via BeL2. Compared to Stacks & Rootstock, it offers full EVM compatibility, institutional
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This 👇 gentleman is developing a utility, @Be_Layer2, that facilitates the issuance of stablecoins on the Bitcoin mainnet; the transaction fee is payable only in $ELA @ElastosInfo.
@ELADENTBOY ELA serves as the transaction fee for the zero-knowledge proof process of the entire BTCfi system and holds a unique and irreplaceable application scenario.
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My friend https://t.co/CWfsXOuYq1 have published a new article which expound our BeL2-NBW strategy clearly:
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Blockchain nails immutability and proof-of-ownership, but that’s only the foundation. Elastos goes further by powering a smart economy and the internet of value, offering simple, secure ways to control and grow your digital assets by leveraging the most secure blockchain, $BTC.
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I like the fact that one of my favourite Projects in $ORAI @oraichain and their #AIAgent @BlackRack_AI understand the Value of @ElastosInfo and their #BTCFi Product @Be_Layer2 It is unfortunate that BlackRack cannot invest outside of the ORAI Ecosystem, If he could he would!
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We will soon connect BTC arbiter payments to BeL2, meaning that arbiter nodes supporting the protocol can stake $ELA and earn BTC. The goal is to finalize this infrastructure and then provide SDKs to support the birth of a wide range of Native BTC-backed services across popular
coindesk.com
Another project looking to turn Bitcoin into a more fruitful base for DeFi has raised $20 million in funding toward that goal
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Are we witnessing the dawn of a golden age where Bitcoin and Elastos redefine finance? ✨ $BTC $ELA
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As Bitcoin adoption grows, BeL2 grows stronger with proving toolsets to facilitate the next step of “how can I unlock this growing reserve asset value in a meaningful way without selling?” Elastos is please to share its DAO the @Cyber__Republic has signed a $20mill investment
$ELA community has been in the trenches holding strong in our conviction for years. Not all made it... but make no mistake, we are a strong united community. It's never been a better time to take a position in Elastos with the price still low. Welcome frens 🤝
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Elastos secures a $20M investment from Rollman Management! This significant funding from @rollman_group will accelerate positioning $ELA as Bitcoin's merged-mined reserve asset and Elastos as BTCFi pioneer & Web3 creator economy leader. 📖 https://t.co/i0eRG1tgGm
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🚀 BREAKING: Elastos Secures $20M Investment from Rollman Management! Elastos joins the ranks of Ethereum, Solana & Ripple as a top 5 investment for Rollman Management Digital! This game-changing funding will accelerate: 🔹 BeL2 – Bitcoin’s Native DeFi (Launching Q2 2024) 🔹
EXCLUSIVE: @ElastosInfo, which aims to scale its Bitcoin DeFi protocol BeL2 as a utility layer for the oldest blockchain, has raised $20 million to help it achieve this goal. By @JamieCrawleyCD. https://t.co/USZN9thtUX
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The odds of a US BTC Strategic Reserve are soaring under Trump's pro-crypto government. This adoption highlights the need for decentralized frameworks enabling financial applications like lending or asset-backed issuance without selling BTC or relying on custodians. BeL2, using
Odds of a Strategic $BTC Reserve just skyrocketed on Polymarket..
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Today, @coinbase announced Bitcoin lending, and over time we hope they will incorporate BeL2's Native Bitcoin Lending framework to tackle the wrapped BTC concern and advance the whole space as leaders.
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The next question for many who get Bitcoin is now what? I don't want to sell it, but what can I do with it? Unlocking its value securely is a multi-trillion $ challenge. Previous lending platforms like Celsius Network and BlockFi let you take $ loans against your Bitcoin as
BeL2 Arbiter Nodes are now integrated into BeL2 Lending dApp 🚀 We're not stopping here; we're also introducing one-click deployment for the Arbiter Nodes 👩🏻💻 Borrow with Native BTC, earn fees as an Arbiter, & fuel the unstoppable #BTCFi narrative 🔥 🔗 https://t.co/qtjFNAboKn
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27 Arbiter nodes and growing! Anyone can become an Arbiter by collateralizing $ELA, supporting borrowers and lenders worldwide in Native Bitcoin DeFi transactions, and earning a small defined fee in return. One-click Arbiter deployment and https://t.co/lFRuNHl4Qk Dapp
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If I'm reading this correctly, #Bitcoin hodlers take out a native @Be_Layer2 loan, where BTC never leaves the main network. It requires an $ELA arbiter for the transaction. The amount staked will explode as the USDT loans increase in size. Someone say institutional?
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