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Insightful
Insightful|May 16, 2025 21:49
The @yalaorg mainnet just went live, launched a points system (berries) + raised 8M from Polychain, Galaxy, and more TLDR - Yala creates a liquidity layer for Bitcoin's untapped yield within the realms of DeFi and Real-World Assets https://x.com/yalaorg/status/1923357639519391917 - One-click YU BTC-backed stablecoin - Zero-slippage conversion - Real yield with an auto-liquidation engine Here's how to earn points (berries): Berries are earned based on your onchain activities Each action contributes a fixed amount of Berries to your total rewards: • Opening a position using YBTC as collateral: 0.05 Berries / USD per hour • Minting YU via MetaMint with YBTC collateral and YU debt: 0.6 Berries / YU per hour • Holding YU in your wallet: 0.1 Berries / YU per hour • Depositing YU into the Stability Pool: 0.15 Berries / YU per hour • Providing liquidity: 0.2 Berries / YU per hour. (USDC/YU and WBTC/YBTC) TLDR: Just stake your BTC and use it as collateral to mint YU (BTC backed stablecoin) and use it for LPing to earn the most points Links in comments below
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Timeline

Jun 15, 18:00【The public testing network is now online, allowing users to interact】
Jun 15, 17:17【Gnome will be online in 2 hours】
Jun 15, 13:05【The BNB chain ecosystem is constantly developing】
Jun 15, 13:01【LBank officially launches AIX, creating a decentralized AI corpus value network】
Jun 15, 09:28【The third batch of EPT allocation has been launched】
Jun 15, 08:42【Encryption watchlist and important proposal voting】
Jun 15, 08:06【Binance Alpha launches SynFutures (F)】
Jun 15, 08:01【Binance Alpha launches SynFutures (F)】
Jun 15, 08:00【Binance Alpha launches SynFutures, token airdrop activity】
Jun 15, 06:21【Byreal will be launched on the testing website on June 30th】

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