Partnerships FAQs
1. What are the current partners?
Yala has partnered with the following protocols:
Babylon for restaking: As a delegate, Yala lets users stake BTC directly on Babylon via a dedicated module on Yala, and information is synchronized via API. As a result, Yala users can not only stake BTC but also pledge inscription assets to borrow additional BTC on Yala to stake on Babylon. This strategic initiative enhances yield generation for Yala's users and has transformed a prominent player in the Bitcoin DeFi ecosystem into one of our stakeholders.
Layer2 (L2) Botanix for applications: Botanix is an EVM equivalent decentralized platform built on Bitcoin. Yala will develop a Black module on Botanix to endow the Yala protocol with smart contract capabilities. On the other hand, Yala's indexer could help Botanix in parsing the data and integrating its capabilities into the inscription ecosystem.
L2 Stacks for stablecoin YU usage: Stacks allows smart contracts and dApps to use Bitcoin as an asset and settle transactions on Bitcoin. It introduces Clarity, a decidable smart contract language, to the Bitcoin ecosystem, enabling developers to know a program's behavior before execution, thus reducing bugs and vulnerabilities. The partnership focuses on integrating YU with various Stacks DeFi protocols, aiming to enhance stability and liquidity in the Stacks DeFi ecosystem through a decentralized and secure method and boosting YU adoption and utility.
Inscription project Nubit for efficient DeFi infrastructure: Nubit is a scalable, cost-efficient Data Availability (DA) layer designed to achieve instant finality, thereby considerably enhancing transaction confirmation times. Partnership scenarios include enabling Yala’s oracle to enhance data security and transparency to jointly support other L2 rollup solutions. Moreover, the Yala lending protocol could benefit from Nubit by achieving fast finality.
Unisat, Xverse, OKX wallets for integration (to be confirmed): Web3 wallets have made managing inscription tokens easier by bypassing traditional exchange listings and enabling direct access within their platforms. Yala will collaborate with these wallets to ensure our tokens are readily integrated, improving user accessibility and functionality from the start.
Last updated