💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Bitlayer – Empowering Real DeFi for Bitcoin
When it comes to Bitcoin, most people usually envision it as a "digital gold" – a safe asset to store value, but not well-known for its speed or flexibility. You must have seen Bitcoin processing transactions quite slowly and not supporting complex decentralized finance (DeFi) applications like Ethereum. This is the gap that @BitlayerLabs wants to fill: building a complete DeFi infrastructure for Bitcoin – making it faster, more useful, and more deeply connected to the DeFi world. Built on the native security framework of Bitcoin Bitlayer does not replace or undermine the inherent security layer of Bitcoin. Instead, it adds a "booster engine" so that Bitcoin can run faster while still enjoying full safety from the underlying network. Each transaction is still protected by the robust consensus mechanism of Bitcoin, while being able to move on the high-speed infrastructure of Bitlayer. BitVM Bridge – Transfer BTC without needing to "blindly trust" Typically, to transfer BTC to other networks, users have to trust an intermediary group holding the coin. The risk lies in the fact that if they commit fraud or make a mistake, the assets will be at risk. The BitVM Bridge from Bitlayer addresses this issue by designing a "trust-minimized" bridge – minimizing the need to place trust in people. If there are any errors or fraudulent activities, evidence can be verified directly on-chain and transactions will be processed, ensuring safety for users. YBTC – Bitcoin generates income for you Another highlight is YBTC – a type of yield-bearing Bitcoin (. How it works: You send BTC to the bridge. The system issues you YBTC with equivalent value. During the time you hold YBTC, you can use it in DeFi applications to generate passive income. When you want to retrieve the original BTC, simply exchange YBTC back. Most importantly: YBTC is always backed 1:1 by real Bitcoin. Bitcoin Rollup – High speed, large scalability Bitcoin often takes several minutes to confirm a transaction. Bitlayer addresses this with Bitcoin Rollup – a technology that aggregates multiple transactions into one and records it on the main chain. Benefits: Quick confirmation ) target under 1 second (. Cheaper fees. Supports complex smart contracts without congesting the Bitcoin network. The meaning for the future of Bitcoin If it wants to compete in the DeFi era, Bitcoin needs more than just "high security" – it needs speed, flexibility, and interoperability. Bitlayer brings: A DeFi ecosystem right within the Bitcoin world. The ability to trade, lend, borrow, and earn profits while still being within the security layer of Bitcoin. Tools for developers to create applications quickly, with low fees while still using BTC as the main currency. Personal perspective If you believe in Bitcoin but always wish it could "do more", then Bitlayer is a name worth watching. They are bringing successful ideas from other blockchains – such as bridges, rollups, yield-generating assets – and redesigning them to fit the Bitcoin ecosystem. Although it cannot yet be said that it will replace Ethereum or Solana, if Bitlayer can deliver on what they promise, Bitcoin may finally have a truly powerful DeFi playground. And this could completely change the game. ♡𝐥𝐢𝐤𝐞💬 ➤ @BitlayerLabs #Bitlayer