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SatLayer
SatLayer is a Bitcoin shared-security and restaking protocol. It lets Bitcoin and Bitcoin liquid-staking assets secure decentralized applications and Bitcoin Validated Services, while providing rewards to restakers and operators.
Distributed
Description
SatLayer is the economic layer for Bitcoin, using smart contracts on Babylon to make BTC and Bitcoin LSTs programmable collateral for decentralized applications and protocols. Its staking application supports restaking across Ethereum, BNB Chain, Berachain, Bitlayer, Sui, and Babylon, enabling users to deposit assets into vaults, earn rewards, and support Bitcoin Validated Services. It also works with operators and developers building applications and infrastructure that use shared Bitcoin security and liquidity.Grant Funding
VC Funding
None
2024
$0
$16M