Let BTC assets obtain high and stable returns. This model has been validated in Ethereum’s EigenLayer. Introducing BTC Layer2 Uniport.Network based on the cross-chain protocol of Bitcoin’s entire chain assets.
Uniport.Network is a secure and scalable Bitcoin Layer2 network based on zero-knowledge proofs.
Uniport.Network token model rejects VC monopoly, upholds the spirit of the Bitcoin community, and 100% airdrops UP tokens to the community.
Uniport.Network establishes a more sustainable Layer2 network ecosystem through the Fairmint Pool ecological construction model.
With the expansion of Bitcoin’s technology over the years, as well as the attention from the market due to ETF approval and price fluctuations, Bitcoin has maintained a unique market position in the cryptocurrency field. However, due to its initial design focus on decentralization and security, it compromised its throughput performance and adopted a non-Turing complete scripting language to enhance network security.
But this “extreme” pursuit has hindered the development of Bitcoin in areas such as DeFi and smart contracts. Earlier performance solutions such as the Lightning Network also faced issues of poor interactivity and insufficient liquidity. Therefore, BTC’s EVM-compatible solution for the ecosystem emerged and quickly became a market focus.
Uniport.Network has launched UNCHAIN, a ZK-Rollup built on its own cross-chain protocol for Bitcoin’s entire chain assets and the Polygon CDK. It will create a high-performance BTC Layer2 that can earn income through BTC Restaking by integrating the modular public chains Celstia and Babylon.
UniPort is the first cross-chain bridge that supports the Atomicals protocol ARC20 assets and also the first cross-chain interoperability protocol that supports BRC20 and ARC20 to the SUI and Aptos chains.
UniPort brings emerging Bitcoin assets into a multi-chain smart contract ecosystem, giving assets more use cases and liquidity. In later iterations, it will support blockchain platforms such as Ton, Cosmos, and Polkadot, becoming a hub connecting Bitcoin and other multi-chain ecosystems.
Uniport.Network solves the liquidity fragmentation problem of the multi-chain era through collaborative effects and integrates the overall liquidity to promote the prosperous development of the Bitcoin ecosystem.
Thanks to UniPort’s comprehensive cross-chain infrastructure, it can quickly bridge multi-chain assets to the UPChain network, bridging the liquidity gap between BTC Layer2 and SUI, APT, ETH, Cosmos, Ton, Polkadot, and other multi-chain ecosystems.
UPChain not only becomes the most diverse L2 supporting Bitcoin’s new asset types, but also becomes the intelligent routing connecting the Bitcoin ecosystem and multi-chain application ecosystem. Assets on chains like SUI and APTOS can quickly cross-chain to UniPort, achieving diversified application scenarios. Bitcoin network and UniPort assets can also quickly cross-chain to any smart contract chain and use a rich DAPP ecosystem.
At this stage, Bitcoin Layer2 cannot fully inherit the security of the mainnet. UPChain chooses to build a smart contract chain focused on Bitcoin assets based on the Polygon CDK, achieving higher security guaranteed by the Ethereum mainnet through zero-knowledge proofs.
After the launch of the Babylon mainnet, UPChain will have finality of the data guaranteed by the Bitcoin chain through the integration of Babylon.
BTC Layer2 supported by the full-chain Bitcoin asset pledging interest accumulation provides triple earnings, maximizing the potential of Bitcoin assets and making them interest-bearing assets.
Since the launch of the Ethereum Restaking protocol EigenLayer, it has attracted nearly $8 billion in Ethereum and Ethereum LSD assets, with a current TVL of up to $8.8 billion and showing a rapid upward trend.
As the world’s largest cryptocurrency asset, Bitcoin is limited by its non-Turing complete properties and cannot realize smart contract scenarios. The massive Bitcoin assets on the chain become stagnant assets, lacking liquidity and effective value accumulation.
UniPort deeply integrates the Babylon solution to achieve multiple empowerment for Bitcoin assets. UBTC on UniPort is an asset that supports a 1:1 anchoring of Bitcoin. UPChain serves as the EigenLayer for the BTC version, achieving Restaking scenarios for Bitcoin assets and greatly releasing liquidity, making Bitcoin an interest-bearing asset.
UBTC holders on UniPort can earn Babylon staking income by staking UBTC, earn BTC short funding fees through Delta neutral strategies, and earn DEFI income using UPSD and LSD tokens sUBTC, achieving triple earnings.
UniPort upholds the decentralized spirit of the Bitcoin community, and 100% of the tokens will be fairly distributed to ensure that everyone can participate fairly. This breaks the pattern of token monopoly by institutional investors and achieves a more equal and decentralized token distribution.
75% of the tokens are airdropped to users through Gas Fee Fairmint, and the remaining 25% are airdropped for early community tasks, cross-chain reward activities, whitelist CEX incentives, rewards for early on-chain DAPP developers, and other purposes. The cross-chain reward activity is about to begin.
UP is the governance token of UniPort, capable of enabling multiple scenarios. As a multi-functional token, UP provides its holders with multidimensional rights and participation opportunities. UP holders can stake UP to earn GAS fee income from UPChain nodes and also qualify for Fairmint in ecological projects, thereby participating in the distribution of various project tokens.
UniPort proposes the Fairmint Pool ecological construction model, which is more innovative compared to traditional hackathon methods. Through the Fairmint Pool mechanism, the ecological protocol can achieve fair token distribution and airdrop to community users, injecting new vitality. This innovative ecological construction mechanism is expected to bring more activity and sustainability to UPChain, providing users with more attractive participation opportunities.
Many people are discussing whether the market really needs so many BTC Layer2 solutions and whether it is necessary to establish a smart contract ecosystem for Bitcoin’s new assets such as SATS and ORDI. The author believes that market demand determines everything, and a chain that has a high-frequency demand and valuable applications can succeed.
Uniport.Network’s BTC Restaking mechanism allows BTC assets to obtain high and stable returns. This demand has already been validated in Ethereum’s EigenLayer. With its complete cross-chain interoperability, UPChain launched by Uniport.Network is expected to stand out in the fiercely competitive Bitcoin Layer 2 at the current stage.
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