BitLen Finance launches on Core

BitLen Finance, a DeFi protocol focused on making liquidity universally accessible, serving not just DeFi participants but also protocols via "Liquidity Hooks", is launching on Core. This integration promises to bring advanced DeFi services and innovative yield strategies to the Core ecosystem, enhancing the DeFi landscape for all users.

What is BitLen Finance?

BitLen Finance is designed as the essential liquidity foundation for decentralized applications (dApps), offering high-yield lending, borrowing, and access to various yield strategies through its Liquidity Hook mechanism. Here’s what makes BitLen stand out:

1. High Yield Opportunities: BitLen utilizes advanced algorithms and smart contracts to provide investors with superior yields on their lending activities. With sufficient initial liquidity, BitLen is set to offer competitive returns from day one.
2. Enhanced Security: Utilizing advanced encryption technology, BitLen ensures top-tier protection for users’ funds during storage and transactions. All contracts are audited by third-party independent auditors to maintain the highest security standards.
3. Unlimited Growth Potential: BitLen operates as a Layer 2 (L2) solution with significant room for growth. Early community users can look forward to exclusive airdrops, further incentivizing participation and growth within the platform.

How BitLen Benefits Core

By launching on Core, BitLen Finance will leverage Core’s secure blockchain infrastructure to deliver a range of benefits to users, boosting the DeFi ecosystem on Core and bringing innovation to BTCfi:

• Enhanced Liquidity for dApps: BitLen can serve as a liquidity foundation for dApps on Core, encouraging the development of innovative Liquidity Hooks. This collaboration will expand BitLen’s user base and benefit all partners with elevated lending Annual Percentage Rates (APRs).
• Advanced Yield Strategies: Borrowers on BitLen can access Liquidity Hooks created by dApps, enabling them to pursue multiple yield strategies. This integration offers a comprehensive dashboard for managing these strategies effectively.
• Secure and Efficient Transactions: Core’s security features, including its Satoshi Plus consensus mechanism, ensure that all transactions on BitLen are secure and efficient. This reliability enhances user trust and encourages broader adoption.

Get Started with BitLen on Core

As BitLen launches on Core, users can look forward to accessing a powerful suite of DeFi tools and new yield opportunities. Get ready to participate in the next big leap for BTCfi on Core and try out BitLen today! For dApps looking to leverage BitLen’s “Liquidity Hooks”, learn more about it in the official docs.

About Core

Core is a Bitcoin-powered and EVM-compatible layer-one blockchain responsible for bringing Bitcoin finance (BTCfi) to life with the first-ever non-custodial Bitcoin staking protocol and the world's first yield bearing BTC ETP with Valour. Core is the most Bitcoin-aligned EVM blockchain with ~50% of Bitcoin mining hash power contributing to the network’s security and over 4,800 BTC natively staked in exchange for unlocking Bitcoin utility and rewards. This breakthrough has amassed a massive community of 2.3M Twitter followers and 265k Discord members which has translated into millions of Core adopters - over 18M unique addresses and 256M transactions since its mainnet launch in January 2023.

About BitLen Finance

BitLen Finance is a groundbreaking DeFi platform offering high-yield lending, borrowing, and advanced yield strategies. Designed to serve as the liquidity backbone for dApps, BitLen combines advanced technology with robust security measures to deliver superior financial services in the decentralized economy.