Bitlayer has formed strategic partnerships with Base, Starknet, Arbitrum, Sonic, and Plume Network to jointly promote the landing of the first BitVM application.
Today, Bitlayer, a Bitcoin Layer 2 ecosystem project leading the implementation of BitVM, announced a strategic partnership with five leading public chains and protocols including Base, Starknet, Arbitrum, Sonic, and Plume Network. Through the integration of the BitVM Bridge, Bitlayer will connect to a multi-chain ecosystem worth over a hundred billion dollars, opening up new opportunities for users seeking to unlock the potential returns of Bitcoin assets and significantly increasing Bitcoin's liquidity in these thriving blockchain ecosystems.
Base: The BitVM Bridge supported by Bitlayer will connect Bitcoin with the Base network ecosystem, significantly enhancing Bitcoin's liquidity in the Base ecosystem. The cbBTC introduced by Base enables Bitcoin holders to use BTC assets in EVM-compatible blockchain ecosystems, effectively bridging the application gap between Bitcoin and decentralized finance.
Arbitrum: Through the Bitlayer BitVM Bridge, Arbitrum users will achieve asset interoperability with the Bitcoin network in a trust-minimized framework. Leveraging a mature and highly liquid DeFi ecosystem, Arbitrum is poised to become a pioneer in bringing true decentralized finance into the Bitcoin space.
Starknet: The integration of BitVM Bridge with Starknet will provide Bitcoin users with instant transactions based on STARK proof security and extremely low fees. Through the user experience akin to Web2 enabled by Starknet's native account abstraction technology, both parties will jointly build a Bitcoin DeFi hub to help users fully unlock the value of Bitcoin.
Plume Network: As the first full-stack L1 public chain designed for Real-World Asset Finance (RWAFi), Plume Network will receive Bitcoin ecosystem liquidity support through the BitVM Bridge. Bitlayer and Plume will collaborate to advance the standardization of RWA, laying the foundation for the introduction of institutional-grade financial products.
Sonic: Bitlayer's BitVM Bridge solution will integrate with Solana's first SVM chain, Sonic, focusing on supporting game and app development. This collaboration will support the construction of a Web3 version of the TikTok application, attracting the next wave of billion-level users to the blockchain industry.
Leveraging a Strategic Integration Framework to Achieve BitVM Technological Breakthrough
As the world's first team to implement BitVM in practice, Bitlayer is leading the Bitcoin technology innovation—unlocking native programmability and scalability without a fork. The Bitlayer-developed BitVM Bridge, leveraging the advanced BitVM technological paradigm, is reshaping the innovation frontier of Bitcoin cross-chain technology.
The most direct value of this strategic integration is that the BitVM Bridge will activate the liquidity potential of Bitcoin's trillion-dollar market cap, allowing users from blockchain ecosystems such as Base, Starknet, Arbitrum, Sonic, and Plume Network to seamlessly access diversified DeFi yield opportunities while enjoying Bitcoin's top-tier security.
Through this integration, BTC will be able to unlock the following core use cases on the target chain and drive rapid growth in the liquidity of the corresponding blockchain:
· Liquidity Mining: BTC holders will be able to earn liquidity rewards through various DeFi protocols like Aerodrome, AAVE, Silo Finance, and more.
· Collateralized Lending: Bitcoin assets can be used as collateral for lending operations, enabling asset leverage in the decentralized finance sector.
· Staking Rewards: Users can stake BTC in supporting protocols to earn additional rewards, establishing a multi-tiered participation incentive system.
This collaboration of BitVM Bridge with leading public chains will awaken the long-standing practical value and liquidity potential of Bitcoin, unleashing its vitality in a multi-chain ecosystem.
Future Outlook
The integration of Bitlayer's BitVM Bridge with partners marks a significant milestone in the practical application of BitVM. Through the trust-minimized BitVM Bridge, we are witnessing the rise of a unified ecosystem anchored around Bitcoin's value, which will serve as the core engine driving DeFi development.
Following this important integration, Bitlayer will continue to expand its deep collaboration with blockchain infrastructure, DeFi protocols, and the native BTC protocol, ultimately establishing a robust BitVM ecosystem. Stay tuned for more updates from Bitlayer.
About Bitlayer
Bitlayer is a leading Bitcoin Layer 2 ecosystem project that is driving the implementation of BitVM. By combining outstanding security with a high-speed smart contract engine, Bitlayer will fully unleash the potential of BTCFi. Bitlayer is committed to building an open, collaborative BTCFi ecosystem, working with partners to advance the development of BTC Bridge, Bitcoin Layer 2, and the BitVM Stack, driving Bitcoin finance towards a secure, scalable, and programmable future.
This article is contributed content and does not represent the views of BlockBeats
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
