Tuna Chain Facilitates Native Yield for Bitcoin

Tuna Chain is a Layer 2 solution built on the Bitcoin platform, aiming to maximize the potential of Bitcoin.

Azcnews Breaking

Bitcoin, as the cryptocurrency with the highest market capitalization and the symbol of digital currency, is often seen as a store of value. However, the reality is that this type of asset has the potential to expand into many other areas. Tuna Chain has been developed to maximize the potential of Bitcoin.

Speed, cost efficiency, privacy, and native BTC yield

Tuna Chain is not only compatible with the Ethereum Virtual Machine (EVM) but also a modular execution layer, providing a unique combination of established technologies to redefine the DeFi landscape on Bitcoin:

  • Toro Stablecoin: At the core of Tuna Chain is Toro, a stablecoin that users can obtain by increasing the value of their BTC assets. This system allows BTC holders to earn profits in Toro without selling their BTC assets.
  • Module via Celestia: Celestia is a modular blockchain platform designed to separate data availability from transaction execution. Using Celestia as a data availability layer significantly reduces transaction costs while enhancing processing power.
  • Hybrid ZK-OP Layer: Combining the advantages of Zero-Knowledge (ZK) proofs and Optimistic Rollups (OP), Tuna Chain introduces a two-tier execution layer. This hybrid layer ensures fast, secure, and private transactions. These advancements have the potential to create opportunities for earning profits with BTC assets, ensuring extremely low gas fees, and creating a unique environment for executing DApps on Bitcoin Layer 2.
  • Connecting Bitcoin and EVM Chains: A Smooth DeFi Leap Forward Tuna Chain allows for the execution of Ethereum-style smart contracts on the Bitcoin network, significantly expanding the utility and applications of Bitcoin, bridging the gap between Bitcoin and EVM-based chains.

Additionally, Tuna Chain also provides profit-making opportunities for users through staking their Bitcoin assets.

Related: Bitcoin Whales Begin Withdrawing Funds

Tuna Chain’s LBP on Fjord Foundry

LBP represents an innovative and fair method for project fundraising, ensuring fair token distribution.

The upcoming LBP for Tuna Chain on Fjord Foundry will start at 1:00 PM (UTC) on Tuesday, March 12th.

Introduction to Tuna Chain

Interface Tuna Chain

Tuna Chain is a Layer 2 solution built on the Bitcoin platform, combining Bitcoin’s security with the flexible functionality of the Ethereum Virtual Machine (EVM). Tuna Chain aims to unlock Bitcoin’s potential for complex smart contracts and widespread DeFi applications, something Bitcoin has struggled with due to its initial design limitations.

With advanced technology, including a native stablecoin, flexible data availability modules via Celestia, and Hybrid ZK-OP technology, Tuna Chain is setting new standards for performance, scalability, and user experience in Bitcoin’s DeFi.

Supported by industry giants like ByBit, ArkStream, Cogitent, Digi Strats, MH Ventures, and Serafund, and partnering with strategic partners like Fireblocks, Artis Group of Faculty Group, and Black Mamba Ventures, Tuna Chain is positioned to revolutionize DeFi in the cryptocurrency market.

4.7/5

(3 votes)

Latest

Azcnews Coinbase Announces Support For Trump Meme Coin

News | Altcoin | Editor Choice | Memecoin

Coinbase Announces Support for TRUMP Meme Coin

Cryptocurrency exchange Coinbase has officially announced its decision to list Donald Trump-themed cryptocurrency, TRUMP, on its platform. The token operates on the Solana blockchain and is classified as an “Experimental” asset, available for trading in regions supported by Coinbase.

Mark Uyeda Appointed As Sec Chairman

News | Newbies

Mark Uyeda Appointed as SEC Chairman

Mark Uyeda has been appointed by Donald Trump as the Chairman of the SEC, replacing Gary Gensler, who has resigned from the position.

Elon Musk Becomes Sole Leader Of Doge

News | Editor Choice

Elon Musk Becomes Sole Leader of D.O.G.E

Vivek Ramaswamy has announced his withdrawal from the U.S. Department of Government Efficiency (D.O.G.E) to focus on his gubernatorial campaign in Ohio.

Azcnews Bitcoin Dips Slightly After Trump's Official Inauguration

News | Bitcoin | Editor Choice

Bitcoin Dips Slightly After Trump’s Official Inauguration

Bitcoin has slightly dropped from its all-time high to below $102K, after Donald Trump officially became the 47th President of the United States.

Stake Usdt, Bbsol Or Soso To Share 4 Million Soso On Bybit

Airdrops | Editor Choice

Stake USDT, BBSOL or SOSO to Share 4 Million SOSO on Bybit

Bybit has announced the listing of the SoSoValue (SOSO) project along with a staking program for USDT, BBSOL, and SOSO, offering 4 million SOSO tokens for free.