Unify (UNIFY) news

Particle Network (PARTI): Pioneering the Future of Web3 with Chain Abstraction

What is Particle Network (PARTI)? Particle Network (PARTI) is a Layer-1 blockchain designed to unify various blockchain ecosystems through a concept called "chain abstraction." This means it allows different blockchains to work together seamlessly, and lets users interact with different blockchains using a single account and balance, without worrying about bridges, wallets, or different gas tokens. It aims to make Web3 applications as easy to use as traditional Web2 applications. In short, Particle Network is working to eliminate the complexity of using dApps and financial services in Web3. With its innovative approach, it’s pushing blockchain technology towards what’s known as the Abstraction Era, where users don’t need to worry about the underlying blockchain technology—they just use the apps they love. Who Created Particle Network (PARTI)? The mastermind behind Particle Network is Pengyu Wang, who serves as its founder and CEO. Wang is also the CEO of MiniJoy, showcasing his dedication to creating innovative digital solutions. What VCs Back Particle Network (PARTI)? Particle Network has garnered significant support from prominent venture capital firms. Notable investors include Animoca Ventures, LongHash Ventures, Alibaba Group, Spartan Group, Gumi Cryptos Capital, SevenX Ventures, Morningstar Ventures, Flow Traders, HashKey Capital, and Binance Labs. How Particle Network (PARTI) Works Three Core Functioinalities 1. Universal Accounts – Your One Account for Everything In the traditional Web3 world, users need different wallets and accounts for different blockchains like Ethereum, Solana, or Bitcoin. This makes things complicated because every chain has its own rules, addresses, and gas fees. Universal Accounts solve this problem by allowing users to have one account that works across all chains. No matter which blockchain a dApp is built on, users can interact with it using the same login and the same balance. With Universal Accounts, users no longer need to: - Create multiple wallets for different blockchains. - Worry about sending funds between chains. - Manually switch networks in their wallets. Instead, they can just log in once and access everything just like using an email to sign in to different websites. 2. Universal Liquidity – Moving Assets Without Limits One of the biggest problems in Web3 today is liquidity fragmentation, meaning that assets are stuck on separate blockchains, and moving them is slow, expensive, and risky. Particle Network solves this by using a system of cross-chain atomic swaps and transactions. This allows assets to be transferred instantly and securely between blockchains, creating a unified balance that users can access from anywhere. With Universal Liquidity, users can: - Trade assets from one blockchain to another without bridging. - See their total balance across all chains in one place. - Use funds on any blockchain without manual transfers. This makes blockchain finance as easy as using a bank account, where all your money is visible and accessible from one screen. 3. Universal Gas – No More Worrying About Gas Fees Every blockchain requires gas fees to process transactions, and each chain has its own native token for gas (e.g., ETH for Ethereum, BNB for Binance Smart Chain). This is frustrating because users must always hold the right gas token to make transactions. Particle Network fixes this by allowing users to pay gas fees with any token they own, on any chain. This not only helps users avoid getting stuck when using blockchain if they don’t have the right gas token, but also makes transactions operate smoothly across different blockchains. This feature removes one of the biggest pain points in Web3 and makes the user experience much easier. Three Core Products Particle Network provides three major products to developers and users: 1. Universal Accounts: The Backbone of Chain Abstraction Universal Accounts are at the heart of Particle Network and power all its features. They provide a single, chain-agnostic account that users can use across multiple chains. This system is supported by three key modules within the Particle Network L1 blockchain: - Master Keystore Hub: Keeps all accounts secure and synchronized across blockchains. - Decentralized Bundler: Ensures transactions are executed smoothly across chains. - Decentralized Messaging Network: Monitors and settles cross-chain interactions. Because of this technology, developers don’t need to build separate accounts for different blockchains. They can just integrate Universal Accounts and instantly access all Web3 ecosystems. 2. UniversalX: The First Cross-Chain Trading Platform UniversalX is the first trading platform built on chain abstraction, allowing users to trade any token, on any chain, without bridging. UniversalX V2 also introduces powerful professional trading tools, including real-time market radar that helps users spot trending tokens across all blockchains, and zero-latency charts that provide instant, customizable price data. With UniversalX, traders can trade as easily as they would on a CEX but with the full security and transparency of DeFi. 3. Universal SDK: Simplifying Development for Web3 Builders (Coming Soon) For developers, building cross-chain applications has always been a challenge as they need to create separate integrations for different blockchains. Particle Network solves this with the Universal SDK, a toolset that will allow developers to easily integrate Universal Accounts and chain abstraction into their dApps. This product will revolutionize Web3 development, making it easier than ever to build applications that work across all chains. PARTI Goes Live on Bitget With over 90 Web3 projects already integrating Universal Accounts, it’s clear that Particle Network is leading the Abstraction Era. By making blockchain interactions easier, faster, and more connected, Particle Network is setting a new standard for the entire Web3 industry, one where users no longer think about blockchains and just enjoy the applications they love. The PARTI token is the backbone of Particle Network’s Universal Accounts ecosystem, driving seamless, cross-chain transactions without the friction of traditional blockchain barriers. By holding and trading PARTI, users gain access to instant, gasless, and borderless asset movement across all chains, making Web3 interactions as easy as Web2. As more dApps integrate chain abstraction and Universal Accounts, demand for PARTI is set to grow, positioning it as a key asset in the next wave of blockchain innovation. How to Trade PARTI on Bitget Listing time: March 25, 2025 Step 1: Go to PARTIUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade PARTI on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Analog (ANLOG): Building Bridges in the Blockchain World

What is Analog (ANLOG)? Analog (ANLOG) is a suite of interoperability protocols built on the Substrate SDK, a framework known for its flexibility and modularity in creating blockchains. Its primary goal is to become the go-to hub for Web3 interoperability, tackling challenges in both multi-chain and cross-chain ecosystems. The current blockchain landscape is often described as a collection of "walled gardens"—isolated networks with limited connectivity. While this ecosystem addresses the growing demand for blockspace, it has introduced significant problems such as fragmented user experiences, data, and liquidity. Analog’s vision is to provide developers and users with a seamless, secure way to navigate and integrate multiple blockchain networks, simplifying DApp development and enhancing user experience. At the core of Analog is the Timechain, a custom-built blockchain that utilizes the Nominated Proof-of-Stake (NPoS) protocol. The Timechain is both the accountability layer and the engine driving cross-chain communication within the Analog ecosystem. Who Created Analog (ANLOG)? Analog was founded in 2021 by Victor Young and a team of engineers and DeFi experts who collectively bring more than 150 years of blockchain experience to the table. Victor Young, a graduate of the University of Waterloo, has decades of experience in blockchain engineering and startups. His firsthand encounters with the challenges of siloed systems in traditional industries inspired him to create Analog. Victor’s vision was to build a truly chain-agnostic protocol that would unify fragmented blockchain ecosystems. The Analog team also includes: ● Eric Wang, the Head of Business Development, whose background includes roles like Ecosystem Development Lead at Parity Technologies and General Partner at ROK Capital. He oversees Analog’s go-to-market strategy and partnerships. ● Avneet Singh, the Product Lead, who previously held senior positions at Chainlink Labs and PayPal. His expertise in software engineering and blockchain development propels Analog’s technical advancements. ● Sanchal Ranjan, the Product Manager, brings years of startup experience, having been a Deloitte consultant, a Y Combinator entrepreneur, and co-founder of ZiffyHomes. ● Florian Franzen, the Head of Research, contributes a wealth of Web3 expertise, including work at the Web3 Foundation and the Center of Advanced European Study and Research (CAESAR). ● David Craven, a Senior Blockchain Engineer, has worked at Parity Technologies and other blockchain-focused companies, bringing his technical knowledge to Analog’s development. ● Lohann Ferreira, another blockchain engineer, has experience in senior roles at First Foundry and Enjin, further strengthening Analog’s technical team. What VCs Back Analog (ANLOG)? Analog has attracted significant attention from prominent venture capital firms and investors. Among its notable backers are: Binance (BNB Chain Incubation), Outliers Fund, Tribe Capital, OrangeDAO, Wintermute, Master Ventures, Better Capital, NGC Ventures, Quantstamp, MH Ventures, Presto Labs, Contango Digital, Fred Smith, and Balaji Srinivasan. How Analog (ANLOG) Works Analog’s architecture revolves around two key components: the Timechain and its node network. Together, they enable seamless cross-chain communication and interoperability. The Timechain The Timechain is the backbone of Analog’s ecosystem. Built using the Substrate SDK, it operates as a Nominated Proof-of-Stake (NPoS) blockchain. Validators, known as Time Nodes, secure the network by verifying and committing new blocks in exchange for incentives. This ensures a dynamic and decentralized validator set, maintaining the integrity of the network. The Role of Nodes Two categories of nodes play vital roles in the Analog network: 1. Time Nodes: These nodes secure the Timechain by validating transactions and committing new blocks. They are critical for maintaining the blockchain’s security and functionality. 2. Chronicle Nodes: These nodes facilitate cross-chain communication through two primary services: - Attestation Service: They monitor inbound cross-chain requests, validate them using Threshold Signature Schemes (TSS), and post the results on the Timechain. - Relaying Service: They relay cross-chain message payloads to the destination chain for execution. Together, these nodes enable DApps to interact seamlessly across different blockchains, eliminating barriers and improving user experience. Products Built on Analog Analog has already developed two notable products on top of the Timechain: 1. Analog Watch: A developer-friendly platform for deploying and querying on-chain data. It provides a flexible way to interact with blockchain data across multiple chains. 2. Analog GMP (General Message Passing): A secure and decentralized protocol for cross-chain communication. It allows DApps to execute smart contract functions on any Analog-connected chain, simplifying the process of building cross-chain applications. In the future, Analog plans to introduce Analog Automation, a solution for automated cross-chain smart contract execution. This will allow developers to trigger smart contract functions across multiple blockchains seamlessly. The Role of the $ANLOG Token The $ANLOG token is the native cryptocurrency of the Analog network. It serves as both a utility and governance token. Users can stake $ANLOG to become validators (Time Nodes), participate in governance decisions, and secure the network. This token is central to Analog’s ecosystem, incentivizing participation and ensuring smooth operation. Addressing Liquidity Fragmentation One of Analog’s key innovations is its ability to solve the problem of liquidity fragmentation. By enabling seamless message passing between blockchains, Analog allows DApp developers to access liquidity across multiple platforms with a single click. This approach is similar to how HTTP(S) protocols enable communication over the internet, making blockchain integration intuitive and efficient. Decentralization and Scalability Analog is built to be highly decentralized and scalable. Anyone can participate in the network by running a Time Node or Chronicle Node, provided they stake the required tokens. The Timechain’s Substrate-based design ensures modularity and forkless upgrades, allowing the protocol to adapt and scale without disrupting the network. ANLOG Goes Live on Bitget ANLOG token is at the core of a groundbreaking interoperability protocol that connects fragmented blockchain ecosystems. Designed for seamless cross-chain communication, ANLOG supports decentralized applications and liquidity sharing across multiple networks. We are thrilled to announce that Analog (ANLOG) will be listed in the Innovation and WEB3 Zone. Check out the details below: Deposit Available: Opened Trading Available: 10 February 2025, 11:00 (UTC) Link: ANLOG/USDT Start trading ANLOG on Bitget today to join a community shaping the future of blockchain interoperability! Analog (ANLOG) on Bitget Launchpool — lock BTC and ETH to share 23,333,431 ANLOG! Locking period: 10 February 2025, 11:00 – 15 February 2025, 11:00 (UTC) Project details • Token name: Analog (ANLOG) • Total supply: 9,057,971,000 ANLOG • Launchpool allocation: 23,333,431 ANLOG Locking pool 1: Total ANLOG Campaign Pool 11,666,715 ANLOG Maximum BTC locking limit for VIP1-VIP7 1 BTC Maximum BTC locking limit for VIP0 0.3 BTC Minimum BTC locking limit 0.0001 BTC BTC pool airdrop per user = user's locked BTC ÷ total locked BTC of all eligible participants × corresponding pool. Locking pool 2: Total ANLOG Campaign Pool 11,666,716 ANLOG Maximum ETH locking limit for VIP1-VIP7 15 ETH Maximum ETH locking limit for VIP0 10 ETH Minimum ETH locking limit 0.002 ETH ETH pool airdrop per user = user's locked ETH ÷ total locked ETH of all eligible participants × corresponding pool. Lock Now Analog (ANLOG) on Bitget PoolX — Lock ANLOG to share 3,030,315 ANLOG Locking period: 10 February 2025, 11:00 – 20 February 2025, 11:00 (UTC) Lock Now Locking pool Total ANLOG Campaign Pool 3,030,315 ANLOG Maximum ANLOG locking limit 15,151,515 ANLOG Minimum ANLOG locking limit 150 ANLOG ANLOG pool airdrop per user = user's locked ANLOG ÷ total locked ANLOG of all eligible participants × corresponding pool. Analog (ANLOG) on Bitget CandyBomb – Trade to share 2,545,466 ANLOG Promotion period: 10 February 2025, 11:00 – 17 February 2025, 11:00 (UTC) CandyBomb Promotion details: Total ANLOG Campaign Pool 2,545,466 ANLOG Spot trading pool*new user only 1,878,796 ANLOG Futures trading pool*new futures user only 666,670 ANLOG Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Avail (AVAIL): The Future of Blockchain Scalability, Interoperability, and Security

What is Avail (AVAIL)? Avail (AVAIL) is a Web3 infrastructure layer that enables modular execution layers to scale and interoperate in a trust-minimized way. It consists of three primary components: Avail DA (Data Availability), Avail Nexus, and Avail Fusion. Together, these components form the Avail Unification Layer and aim to address the key issues of blockchain scalability, interoperability, and security. Who Created Avail (AVAIL)? Avail was co-founded by Anurag Arjun and Prabal Banerjee, two innovators dedicated to pushing the boundaries of blockchain technology. Anurag Arjun previously co-founded Polygon Labs in 2017, which laid the foundation for his work on Avail. The initiative began under Polygon Avail in 2020 and later became an independent entity in 2023. What VCs Back Avail (AVAIL)? Avail has garnered significant support from the venture capital community. It is backed by prominent investors such as Figment, Dragonfly, Nomad, SevenX, and Founders Fund. This backing highlights the confidence that the investment community has in Avail's potential to revolutionize the blockchain space. How Avail (AVAIL) Works Avail DA Avail DA is the core component of Avail. It prioritizes ordering and publishing transactions while enabling users to verify block data availability without downloading entire blocks. Its data-agnostic nature supports various execution environments, including EVM, WASM, and custom new runtimes. This versatility makes Avail DA a powerful foundation for diverse blockchain applications. The system design of Avail DA includes three main layers: ● Data Hosting and Ordering Layer: This layer ingests and orders transactional data, ensuring its availability without engaging in transaction execution. ● Execution Layer: This layer processes transactions, generates checkpoints, and submits proofs to the Verification/Dispute Resolution Layer. ● Verification/Dispute Resolution Layer: This layer verifies the checkpoints or proofs submitted by the Execution Layer, ensuring that only valid state transitions are accepted within the network. Consensus Mechanism Avail DA uses a Nominated Proof-of-Stake (NPoS) consensus model for scalability and energy efficiency. It employs Substrate's BABE/GRANDPA consensus, which combines fast block production with provable finality. Validators play a crucial role in this process, ensuring that only verified and agreed-upon data is propagated through the network. Transaction Lifecycle The transaction lifecycle in Avail DA involves several key steps: ● Transaction Submission: Rollups submit transactions to Avail DA, each carrying a unique application ID. ● Data Extension and Erasure Coding: Transactions are processed through erasure coding, adding redundancy and enhancing data reliability. ● Commitment Creation: Redundant data is applied with KZG polynomial commitments, serving as cryptographic proofs of data integrity. ● Block Propagation: Validators verify the commitments and reach consensus on the block, ensuring verified data is propagated through the network. ● Light Client Network: Light clients use Data Availability Sampling (DAS) to verify block data integrity, enabling decentralized and efficient data verification. Avail Nexus Avail Nexus connects multiple blockchains within and outside the Avail ecosystem, using Avail DA as the root of trust. It features a proof aggregation/verification layer and a sequencer selection mechanism, ensuring interoperability and cooperation among diverse blockchain networks. By providing a seamless user experience, Avail Nexus aims to unify the Web3 ecosystem, enabling users to engage with multiple rollups and external chains effortlessly. Avail Fusion Avail Fusion allows native assets from major ecosystems like Bitcoin and Ethereum to be staked alongside Avail's native assets. This innovative approach enhances Avail's economic security and marks a significant milestone in blockchain technology. The first public prototype for Avail Fusion is still under development, but it promises to bolster the security and stability of the Avail ecosystem significantly. AVAIL Goes Live on Bitget Considering the innovative strides made by Avail in the blockchain space, trading its native token AVAIL on Bitget presents a compelling opportunity for savvy investors. Avail's modular infrastructure addresses critical issues like scalability, interoperability, and security within Web3 ecosystems, backed by a robust framework and support from leading VCs. Bitget, known for its user-friendly interface and comprehensive trading tools, provides a secure platform to engage with AVAIL. As Avail progresses towards its mainnet launch for Avail DA and upcoming milestones like Avail Nexus and Avail Fusion, trading AVAIL on Bitget could offer early exposure to potential growth and adoption. AVAIL/USDT Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

zkLink (ZKL): The Future of Multi-Chain Decentralized Applications

What is zkLink (ZKL)? zkLink (ZKL) is an advanced blockchain infrastructure designed to unify fragmented liquidity and simplify the development and use of dApps across multiple blockchains. By leveraging zero-knowledge proof (ZKP) technology, zkLink offers high throughput, low-cost transactions, and enhanced security, addressing the challenges of the multi-chain landscape. How zkLink (ZKL) Works Key Components zkLink operates through two primary components: zkLink Nova and zkLink X. Each serves distinct purposes but together, they create a robust environment for multi-chain interoperability. zkLink Nova: The Aggregated Layer 3 Rollup zkLink Nova is the industry’s first aggregated Layer 3 zkEVM Rollup network built on Ethereum and its Layer 2 rollups (L2s). Utilizing ZK Stack’s zkEVM, zkLink Nova is EVM-compatible, enabling developers to create and deploy Solidity smart contracts easily. This platform allows for the aggregation of scattered assets across Ethereum Layer 2s, facilitating interoperable transactions and enhanced liquidity. Key Features ● Native Asset Aggregation: zkLink Nova enables users to deposit assets from Ethereum Layer 1 and Layer 2s directly into its network. These assets are locked in canonical rollup bridge contracts on the source chains before entering zkLink Nova. This feature provides applications with access to native tokens from all connected Layer 2s, allowing users to trade multi-chain assets seamlessly. ● Supporting Universal dApps: Being EVM-compatible, zkLink Nova supports various dApps, including decentralized exchanges (DEXs), lending platforms, GameFi, and SocialFi. Developers can deploy these applications on Nova’s open platform, gaining immediate access to liquidity and native assets from integrated networks like Arbitrum, zkSync, and Linea. ● Stack Agnostic to Supported Networks: zkLink Nova can connect to rollups of different stacks, including ZK Rollups and Optimistic Rollups. While this sacrifices atomic interoperability of cross-rollup transactions, it offers broader liquidity aggregation from the Ethereum ecosystem. ● Low Fees and High Scalability: The modular stack of zkLink Nova provides exceptional scalability. The use of ZK Stack reduces execution costs significantly, offering a fast and cost-effective user experience. In Validium mode, an external Data Availability (DA) solution further reduces transaction data costs. ● Ethereum Equivalent Security: zkLink Nova inherits Ethereum’s security by settling transactions through the zkLink Nexus solution. Each transaction undergoes verification via ZKP and multi-chain state synchronization through canonical rollup bridges, ensuring data consistency and security. zkLink X: The App-Specific Aggregated Rollup Infrastructure zkLink X offers a modular infrastructure for creating customized App-Rollups with their own sovereignty. These rollups can access native tokens across connected L1s and L2s, enabling users to trade multi-chain assets on a unified interface without needing cross-chain asset bridges, thus avoiding associated risks and fees. Key Features ● Network Integration and Settlement Layer Solutions: Developers can choose which chains the App Rollup will access, including Ethereum, BNB Chain, Avalanche, Polygon, Solana, zkSync, Starknet, and more. zkLink X provides the Nexus and Origin settlement solutions to meet different network integration requirements. ● Execution Environment: zkLink X supports both TS-zkVM (Trading-Specific zkVM) for high-performance financial applications and zkEVM for universal dApps. This flexibility allows developers to build optimized environments tailored to their application needs. ● Decentralized Sequencer: To mitigate centralization risks, zkLink X aims to integrate decentralized sequencer solutions such as Espresso, Astria, and Fairblock. This approach enhances network security and transparency by processing transactions across a distributed node network. ● Modular DA Solutions: In addition to Ethereum, developers can choose third-party DA solutions like Celestia, EigenDA, and Avail, or a Data Availability Committee (DAC) organized by zkLink. This modular approach ensures robust data availability for different use cases. Trading Specific zkVM for High-Performance DEX The TS-zkVM is a high-efficiency ZKP execution environment specifically designed for high-performance financial products such as central limit order book (CLOB) DEXs. It features tailored ZK circuits and a Risc0 zkVM extension, providing exceptional performance for various trading scenarios. The TS-zkVM architecture includes: ● Storage Sub-layer: Utilizes a Sparse Merkle Tree (SMT) for efficient state management and verification, tailored for high-frequency financial transactions. ● Execution Sub-layer: Divided into precompiled circuits for high-performance transactions and an extension circuit using Risc0 zkVM for custom operations. ● ZK Proof Aggregation Sub-layer: Aggregates different transaction proofs to produce a single proof, increasing verification efficiency and reducing on-chain costs. ZKL Goes Live on Bitget As the native utility and governance token for the zkLink protocol, ZKL allows developers to access zkLink's App-Rollup infrastructure and pay for zero-knowledge proof computational resources. It also plays a crucial role in zkLink's decentralized governance, influencing the protocol's development and, in the future, enabling participation in zkLink Nova’s decentralized sequencing network. ZKL is now available for trading on Bitget. Trading ZKL on Bitget provides an opportunity to engage with and support the growth of zkLink's innovative blockchain solutions. ZKL on Bitget Pre-Market ZKL is a part of Bitget Pre-Market, a platform where users can trade tokens over-the-counter before the token is listed for spot trading. Join now to get the best out of it! To use Bitget Pre-Market, follow these simple steps: ● Step 1: Go to the Bitget Pre-Market page. ● Step 2: ○ For Makers: ■ Choose the desired token and click on ‘Post Order’. ■ Specify Buy or Sell, enter price and quantity, review details, then confirm. ○ For Takers: ■ Choose the desired token, pick ‘Sell’ or ‘Buy’, select the pending order, enter quantity, and confirm. ■ Note: Partial completion is not allowed. For more specific information on how to get ZKL tokens on Bitget Pre-Market, check out the announcement here . Get ZKL on Bitget Pre-Market now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Exploring Multibit: Bridging Bitcoin and EVM Networks for Enhanced Cross-Chain Liquidity

The year 2023 marked a new beginning for Bitcoin. Thousands of new tokens were released under the BRC-20 token standard. These tokens, unique to the Bitcoin base chain, form the cornerstone of Multibit's offering, leveraging Ordinals and Inscriptions for a novel approach to tokenization. The platform's defining feature, the Multibit Bridge, expertly facilitates the transfer of these tokens between the ETH chain, BNB chain, and BTC network. This bridging mechanism not only enhances the liquidity and utility of BRC-20 tokens but also marks a significant stride in cross-chain interoperability, a critical aspect of blockchain evolution. What is Multibit (MUBI)? Multibit Protocol is a groundbreaking endeavor aiming to unify liquidity among the Bitcoin network and Ethereum Virtual Machine (EVM) networks. Central to its offerings is Multibit Bridge, a secure and efficient solution for seamless token transfers between the ETH chain, BNB chain, and BTC network. This innovative bridging mechanism not only enhances the liquidity of BRC-20 tokens but also fosters the growth and development of the entire Bitcoin ecosystem. How MUBI works Migrating Ethereum’s most dominant application - decentralized exchange - to the Bitcoin blockchain, Multibit seeks to empower users across different ecosystems by offering a seamless cross-chain experience. Multibit Protocol consists of 4 major components: DeFi for BRC-20 tokens Multibit is driven by a bold vision: to revolutionize decentralized finance (DeFi) for BRC20 tokens, thereby unlocking their untapped potential. By bridging BRC20 tokens with Ethereum, Multibit enables their participation in critical DeFi activities such as lending, borrowing, yield farming, and decentralized exchanges. This integration not only elevates their utility and market presence but also invites more participants into the crypto space. Their innovative bridging technology also promises to improve market dynamics, benefiting token holders and enriching the DeFi landscape. Ordinals Automated Market Maker (OAMM) Multibit's Ordinals Automated Market Maker (OAMM) represents a groundbreaking decentralized exchange protocol tailored for trading Ordinals ($ORDI) tokens. This platform adopts automated market making principles to ensure liquidity, enabling efficient and seamless swaps of $ORDI with other paired tokens. In this ecosystem, users can effortlessly exchange $ORDI tokens through the AMM, which intuitively calculates and executes trades based on current reserve ratios, facilitating instant transactions at fair market prices. The AMM's dynamic nature continuously adjusts token prices in response to trading activities and liquidity pool interactions, ensuring effective price discovery rooted in the supply and demand dynamics of the traded assets. Additionally, users have the opportunity to contribute to the liquidity pool by depositing $ORDI tokens and their paired counterparts, receiving liquidity provider (LP) tokens in return. These LP tokens denote their pool share, entitling liquidity providers to a proportionate slice of the trading fees while bolstering the pool's liquidity, crucial for trader transactions. Liquidity farming Farming Ordinals ($ORDI) at Multibit offers a rewarding opportunity for the BRC community to earn additional tokens by engaging in liquidity farming and staking. Through liquidity farming, participants add $ORDI tokens and a compatible token (like ETH or stablecoins) to Ordinals liquidity pools or automated market makers (AMM). This process not only facilitates trading pairs but also significantly enhances the liquidity of the $ORDI token. Furthermore, users can participate in staking by locking their $MUBI tokens in specific staking pools. This staking activity contributes to the network's stability and security, rewarding users with additional $ORDI tokens. These farming mechanisms within Multibit allow users to actively contribute to the $ORDI ecosystem's liquidity while benefiting from their investment and support. Stablecoin Multibit's Ordinals Stablecoin, anchored in stability and transparency, is bolstered by a collateralization mechanism using Ordinals ($ORDI) tokens. This system maintains the stablecoin’s value, pegging it to a 1:1 ratio with USDC. The key features include offering a stable medium of exchange and a resilient store of value within the Ordinals ecosystem, effectively countering the typical volatility of cryptocurrencies. Additionally, the stablecoin's value preservation is reinforced by the collateralization process, providing users with a dependable asset. Transparency is integral to this system, with the collateralization ratio and $ORDI token reserves being transparent and auditable on the blockchain, ensuring trust and visibility. The use of $ORDI as collateral also amplifies the token's utility and demand within the ecosystem, strengthening the Ordinals platform's overall functionality. MUBI goes live on Bitget Multibit is revolutionizing the crypto landscape with its novel protocol that seamlessly bridges BRC20 tokens with ERC20 tokens. This initiative greatly expands token migration possibilities, allowing users to effortlessly transfer their BRC20 tokens to the Ethereum network, thus opening up a new realm of opportunities. With Multibit, users are no longer confined by the constraints of individual blockchain ecosystems, enabling them to tap into Ethereum's extensive network, robust infrastructure, and vibrant DeFi ecosystem. This platform promises enhanced liquidity, interoperability, and financial flexibility, making it a gateway to a broad spectrum of investment opportunities within the decentralized finance space. Multibit (MUBI) will be listed on Bitget on December 13. How to trade MUBI on Bitget Step 1: Go to the MUBIUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. For detailed instructions on how to trade spot in Bitget, please read ​​The Uncensored Guide To Bitget Spot Trading. Multibit stands as a testament to the evolving capabilities of blockchain technology, particularly in enhancing cross-chain interoperability. Its innovative approach to bridging Bitcoin and EVM networks opens up new avenues for DeFi and DApps, allowing them to leverage the unique strengths of these diverse blockchain ecosystems. As the blockchain industry continues to mature, platforms like Multibit will play a crucial role in driving innovation, security, and efficiency, shaping the future of decentralized finance and blockchain integration. Trade MUBI now on Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.