We’re joining forces with SatLayer to enable $yBTC restaking on their platform and build on SatLayer’s Bitcoin Validated Services (BVS) framework ensuring a safe Bitcoin dApp ecosystem and stronger BTC yields for everyone.

Bitcoin’s Universal Security Layer

Bitcoin is undeniably the strongest economic collateral in blockchain. Boasting a $1.3 trillion market cap, the once dormant asset can now provide security to a broader range of applications across the Bitcoin network’s growing ecosystem of applications–most notably BTCFi (Bitcoin DeFi)--- with SatLayer.

To us, and for many, SatLayer is the universal security layer that maximizes the power of Bitcoin. By deploying as a set of smart contracts on Babylon, SatLayer enables BTC stakers to secure any type of dApp or protocol as a Bitcoin Validated Service.

Restaking yBTC on SatLayer (Coming Soon!)

Soon, $yBTC holders can restake their $yBTC on SatLayer to earn additional SatLayer rewards, on top of the 5% to 10% APY earned from staking $yBTC on Umoja.

Expanding the BVS Ecosystem

Beyond the much awaited $yBTC restaking, we’re also partnering together to co-develop one or more Bitcoin Validated Service (BVS) integrations for the Umoja Protocol. This collaboration includes exploratory research into BVS designs that could enhance Umoja's security, liquidity, and overall performance. By leveraging restaking technology, SatLayer aims to improve crypto-economic security, liquidity, and user experience for our users. Additionally, Umoja’s $yBTC could play a key role in securing SatLayer’s infrastructure, creating a liquidity flywheel. This integration would also drive fees and usage to SatLayer which benefits both ecosystems.

Stay tuned for more updates. Turn on all your notifications for @UmojaProtocol and @satlayer!