What Can You Do with Yala Bridge

Yala Bridge is your secure and user-friendly gateway to unlocking the value of your Bitcoin on other blockchain networks. With Yala Bridge, you can overcollateralize your BTC to mint $YU, a stablecoin pegged to the US dollar, on the destination chain. When ready, you can redeem your $YU to receive your BTC back. This flexible system allows you to leverage your Bitcoin holdings while maintaining the ability to reclaim your BTC whenever you need it.

What Can You Do with Yala Bridge?

1. Overcollateralize BTC to Mint YU

Yala Bridge allows you to convert your Bitcoin into YU, a stablecoin pegged to the US dollar, by overcollateralizing your BTC. Here’s how it works:

• Mint $YU: Send your BTC to Yala’s designated Bitcoin Receiver Address, and mint up to 75% of the BTC’s value in YU on the destination blockchain. YU provides a stable asset that you can use across various DeFi platforms.

2. Redeem $YU to Receive BTC

When you’re ready to reclaim your BTC, Yala Bridge makes it easy:

• Burn YU and Receive BTC: If you want to withdraw your Bitcoin, create a burn transaction on the destination chain where you hold YU. Once your YU is burned, Yala Bridge will release the BTC and send it to your specified Bitcoin address.