SINGAPORE
,
March 22, 2024
/PRNewswire/ —
Yala
, a project that enables the seamless transfer of
Bitcoin
liquidity through a meta yield
stablecoin
, is thrilled to announce a comprehensive brand upgrade. This reflects our commitment to making
Bitcoin
liquidity universally accessible across blockchain ecosystems, enhancing
DeFi
liquidity efficiency. The upgrade includes a refreshed branding message, a new website domain, an ambitious roadmap, expanded partnerships, and a strengthened global presence.
Elevating
Bitcoin
‘s Potential: Yala’s Mission and Roadmap
Yala is embracing the future with a newly refined message: ‘
Connecting
Bitcoin
liquidity through a meta-yield
stablecoin
.’ By harnessing the potential of
Bitcoin
for
DeFi
, Yala introduces YU — a BTC-backed
stablecoin
capable of generating yield across various blockchain networks. Utilizing the Ordinals protocol, Yala not only issues YU directly on
Bitcoin
but also integrates a
decentralized
indexer network and an Oracle through meta protocols. This innovative approach ensures
Bitcoin
liquidity is truly borderless, employing a mapping and minting mechanism that allows users to tap into yields from other blockchain ecosystems without leaving the
Bitcoin
environment.
Yala is on a mission to continuously innovate and expand its offerings. Its upgraded roadmap outlines key milestones:
-
May 2024:
Beta Launch, including lending protocol, oracle, indexer, alongside community outreach and more partnersh
ips.
-
June 2024:
Whitelist Testnet V0, featuring yUSD
stablecoin
issuance and audit with community engagement initiatives
.
-
September 2024:
Full Version V1 release, introducing the Insurance Module, security enhancements, and more. -
January 2025:
Full Version V2 launch, bringing liquidation AMM and Governance Framework Initiation. -
March 2025
:
System Upgrade & Optimisation, focusing on feedback integration, partnership & community growth. -
June 2025:
The DAO, marking the transition to enhanced
decentralized
governance.
Following its recent strategic partnerships with
Babylon
,
Map Protocol
,
Avail
,
Botanix Labs
, and
Nubit
, Yala is in communication with more builders in the space to unlock more value for
Bitcoin
and the wider ecosystems.
New Domains, Broader Mission
Aligning with its brand upgrade, Yala is excited to announce the transition of its digital home from yala.finance to
yala.org
. By adopting a .org domain, Yala emphasizes its focus on community and the openness of its mission. This change marks a significant milestone in its journey, symbolizing a broader mission beyond finance – to establish a modular and programmable layer for
Bitcoin
that enhances its liquidity and utility.
The shift to white and green as its core colors marks a meaningful move to embody values of purity, growth, and sustainability. White, known for its simplicity and clarity, reflects its commitment to transparency and trustlessness, signifying a fresh start. White’s clean and minimalist appeal aligns with its goal to make complex financial processes accessible and understandable to everyone.
Green, on the other hand, resonates with growth, renewal, and harmony. It echoes Yala’s focus on enhancing
Bitcoin
liquidity and unlocking additional value for users. The color green is often associated with stability and endurance, mirroring its commitment to creating lasting value for
Bitcoin
holders and participants with expanded utility across different ecosystems.
As Yala leads the way in enhancing
Bitcoin
liquidity usability, its vibrant new colors symbolize the essence and ambitions of the brand. These colors illuminate Yala’s path toward a future that is not only brighter but also more interconnected.
Join Yala on this exciting journey to elevate
Bitcoin
liquidity and b
eyond.
About Yala
Yala
connects
Bitcoin
liquidity with a meta yield
stablecoin
. Designed as both a potent asset and a liquidity enhancer, the
stablecoin
, YU, operates across various ecosystems, increasing efficiency without the need for bridges or relocating the underlying
Bitcoin
. Yala empowers
Bitcoin
holders and ecosystem participants with expanded utility, all while maintaining the security of
Bitcoin
‘s infrastructure.
Website
|
T
witter
|
Telegram
|
Discord
|
Medium
|
Docs
Media Contact
For media inquiries, please contact
media@yala.org
.
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SOURCE Yala