With LayerZero as our official interoperability solution, we’re unlocking high-yield BTC access across all blockchain networks.

With omni-fungible $yBTC— the highest-yield, lowest-risk BTC LST— every LayerZero-supported chain can now tap into seamless BTC staking opportunities!

The Yield-Bearing Lock-In Problem 🔒

The liquid staking token (LST) market has exploded past $37 billion, with ETH dominating at 76.8% of the total market cap through platforms like Lido, Rocket Pool, and Mantle. In contrast, SOL staking is 14 times smaller than ETH, and Bitcoin LSTs lag significantly, with just $168 million in total market cap.

Bitcoin LSTs face two core issues:

1. Diluted APYs: Unlike ETH or SOL staking, where yields come directly from native rewards, Bitcoin’s yield is limited to mining. Additional yield is often padded with protocol points or tokens outside of BTC, which users may not value, as they’re often seen as less relevant or useful.

2. Limited Cross-Network Utility: Moving yield-bearing tokens across chains remains challenging. Wrapped tokens often lack the productivity of native assets, as they’re difficult to leverage in cross-chain lending or other financial services. Institutional liquidity providers (LPs), the main liquidity sources for most networks, focus only on tokens that can both add and lock liquidity on a specific network, reinforcing this “lock-in” effect and reducing the broader utility of these tokens.

For Bitcoin LSTs to break this lock-in, they need to become productive assets with meaningful use cases across chains.

LayerZero’s Omni-chain Asset Future 💎

Backed by industry leaders like a16z and Sequoia, LayerZero enables seamless asset transfers across blockchain networks, addressing interoperability through a unified messaging protocol. With over $5 billion in cross-chain volume, LayerZero’s Omnichain Fungible Token (OFT) standard allows tokens like yBTC—Bitcoin’s highest-yield, lowest-risk liquid staking token—to operate across LayerZero’s supported chains without traditional bridging limitations. This breakthrough brings secure, efficient, high-yield opportunities to users across ecosystems, paving the way for a fully connected blockchain future.

How many networks does LayerZero support? 👀

LayerZero currently supports over 70 blockchain networks and has facilitated over $50 billion in asset transfers, showcasing its robust cross-chain infrastructure. By leveraging its Ultra Light Nodes (ULNs) and decentralized oracles, LayerZero enables efficient, secure interoperability across these networks, allowing users and developers to interact seamlessly with multiple blockchains, including prominent networks like Ethereum, Polygon, and Solana.

The Bitcoin Hyper-Yield Loop ➿

With a naturally omni-chain yBTC, over 70 blockchain networks across Ethereum, Solana, and even Bitcoin can get access to crypto’s highest-yielding BTC LST. Even better, Umoja is partnering with native DEXs and lending protocols across many of these chains, enabling users to swap for wrapped yBTC and borrow against it to further top-up their BTC yields.

We call this the “Bitcoin Hyper-Yield Loop” because it enables any LayerZero network to attract and lock-in $yBTC liquidity onto their networks without the token needing to be native to that network.

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