Bitcoin Defi Protocol Velar presents the BTCC name subsidy program for unified batteries

The Liquidity of Decentralized Finance Liquidity of bitcoin (Defi), ensures, has presented the subsidy program of name btc to unify digital identities in the network batteries of bitcoin layer 2 and simplify the transactions in the chain.

According to a press release shared with Cryptopotato, the last initiative will increase the use of the .btc digital identity standard in the bitcoin ecosystem, significantly reducing manual errors during transactions.

Ensure the .btc subsidies program

Continuous at the launch on January 30, the subsidy program of name btc represents a shared commitment between the upper battery projects to advance the infrastructure of the ecosystem and make it more accessible to new and existing investors. To promote this development, Velar and Stacks have associated with approximately a dozen projects focused on strengthening the adoption of Bitcoins.

The partners include the Ryder cryptographic wallet supplier, the decentralized exchange of bitcoin Bitflow, the Stablecoin provider based on bitcoin Hermetica and the bitcoin Defi Alex and Arkadiko protocols. Stackingdao, the entity that provides infrastructure to stack the native asset of batteries, STX, is also one of the partners. These entities have contributed more than 6,000 STX to encourage users to adopt the btc digital identity standard.

“Alex is proud to be with other protocols and battery projects in support of the 'return to .btc initiative. From reviving the spirit of Megapont apes to gathering around .btc, it is clear that joining our ecosystem is unstoppable. Collaboration feeds innovation, and together, we are building an extraordinary future promoted by bitcoin. All roads in bitcoin lead to batteries, ”said Hadan, head of growth of the Alex Lab Foundation.

Unifying identities in batteries

bitcoin users can acquire the .btc names through the bitcoin Bons One and Bns.Market name service platforms. Velar will make STX reimbursements to users who claim their names .btc through this portal.

“We are delighted to be associated with ensuring as part of the Velar Grants initiative, to help incorporate thousands of new users for the registration of their names .btc. BNS is often one of the first interactions that new users have when entering the battery ecosystem, and the work to ensure to accelerate the adoption of batteries is really remarkable, “said Snazzy, Bens One executive.

Interestingly, the btc Name Grant program is based on the success of the campaign to return to watching, which encouraged users to acquire non -fungible tokens (nft) Megapont. The name program is the first of its kind and aims to attract users to the bitcoin ecosystem.

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