Project Overview

Background：

The recent emergence of protocols like Ordinals and Runes demonstrates the market's enthusiasm for innovation on the Bitcoin blockchain. While many Bitcoin Layer 2 solutions have already launched, few have achieved widespread adoption, leading to questions about whether following Ethereum's path is suitable for Bitcoin. These developments have highlighted a critical gap: the need for effective liquidity solutions within the decentralized Bitcoin ecosystem.

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Project vision and mission：

At TerpLayer, our vision is clear: Unleashing BTC Liquidity in the Decentralized World with Berachain.TerpLayer pioneers BTC liquidity on Berachain, leveraging PoL for maximum capital efficiency. We aim to be the largest BTC liquidity provider, driving seamless trading and unlocking Bitcoin-native DeFi.

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Our Goals and Approach

To achieve this, TerpLayer is developing several key solutions: Stablecoins: Introducing stable,coins native to the Bitcoin chain, providing a stable medium for decentralized transactions,TerpLayer has issued the first stablecoin TPUSD based on the Runes protocol on the Bitcoin network.

BTCSwap: Creating a decentralized Bitcoin trading platform with a decentralized pricing mechanism, reducing reliance on centralized exchanges.

Liquidity Mining: Offering Bitcoin holders the ability to earn rewards through liquidity mining by providing liquidity to our decentralized pools. These initiatives are designed to solve one of the core challenges in the current decentralized ecosystem — unlocking liquidity while maintaining the security and decentralization that Bitcoin represents.