BitSmiley and Merlin Chain aim to innovate and advance the DeFi ecosystem for the mutual benefit of both platforms and their users.
BitSmiley is delighted to announce the formation of a strategic alliance with Merlin Chain. A native Bitcoin Layer 2 solution powered by Bitmap Tech. This partnership represents a substantial advancement for both platforms.
Furthermore, this partnership offers numerous advantages for consumers seeking improved accessibility to DeFi services within the ecosystem.
BitSmiley’s Role in Enhancing Bitcoin DeFi through bitUSD Integration
Using this collaboration, BitSmiley becomes an associate of the Merlin Chain as a BTC DeFi protocol partner. This partnership expands the Bitcoin options available to bitUSD proprietors. BitUSD is a Layer 2 interface on the Merlin Chain. Adding bitUSD support to Merlin Chain broadens the range of digital assets available.
The collaboration encompasses collaborative innovation within the DeFi ecosystem of Bitcoin, in addition to integration. BitUSD enables users to generate profits without abandoning their Bitcoin assets, expanding their options.
Merlin Chain functions independently of BitSmiley. They collaborated to devise the BTC DeFi ecosystem.
The expertise and technologies possessed by Merlin Chain will facilitate innovation and add value to both platforms. This agreement demonstrates that both platforms are committed to advancing the DeFi Bitcoin ecosystem.
Incorporating the bitUSD protocol into Merlin Chain provides users with an expanded array of DeFi functionalities. They consist entirely of lending, borrowing, and trading on the Bitcoin network. New services extend digital asset management capabilities and improve the user experience.
By utilizing bridged BTC as bitUSD collateral, both sites are enhanced in utility. BitUSD assists Bitcoin proprietors in achieving their business objectives. The autonomy, as mentioned above, empowers the user to select superior digital assets and optimize their monetary portfolios.
In addition, BitSmiley and Merlin Chain support both platforms and promote Bitcoin DeFi. By collaborating on adding bitUSD to Merlin Chain, both platforms can develop new products and features more quickly by utilizing additional resources and specialists.
BitSmiley and Merlin Chain can innovate DeFi and provide value to consumers through this partnership.
Moreover, BitSmiley and Merlin Chain may aid in developing and expanding Bitcoin DeFi. Both networks benefit from the collaboration of two leading platforms. Merlin Chain increases the utility and popularity of BitUSD.
Finally, platforms and consumers benefit from the strategic partnership between Merlin Chain and BitSmiley. With the introduction of bitUSD, the alliance enhances the DeFi services of Bitcoin and Merlin Chain.
This agreement demonstrates that BitSmiley and Merlin Chain are committed to advancing Bitcoin DeFi for the mutual benefit of their respective clientele.