B² Network has announced a new partnership with Cyber Finance. It aims to bring innovative decentralized finance (DeFi) solutions to the Bitcoin ecosystem. The news was shared on both companies’ X (formerly Twitter) accounts, highlighting the potential of this collaboration.
Thrilled to partner with @CyberFinance__!
Cyber Finance is your all-in-one DeFi hub, seamlessly accessible through Telegram. This partnership will enable B² Network to expand into the TON ecosystem, particularly in the BTCFi space, while providing @CyberFinance__ users with… https://t.co/plc19MXP2T
— B² Network | BTC Layer2 (@BSquaredNetwork) October 8, 2024
B² Network Aims to Solve Bitcoin DeFi Scaling Challenges with New Partnership
Cyber Finance is an all in one DeFi platform and users can access it through a Telegram channel. This partnership will enable B² Network to penetrate into TON (The Open Network) space especially BTCFi. BTCFi is a place that connects Bitcoin to the DeFi space and allows users to have a maximum of two yield farming strategies.
B² Network has the Bitcoin Layer2 solutions that are modular and consist of the B² Rollup and the B² Hub. The B² Rollup is the first Bitcoin Rollup based on verification commitment while the B² Hub is the first Bitcoin DA layer that reaches finality on the Bitcoin Network. These are inventions that seek to solve scaling challenges that plague DeFi on Bitcoin, to offer better and inclusive financial solutions.
Bitcoin DeFi Gets a Boost with B² Network and Cyber Finance Partnership
Cyber Finance is an ideal partner for B² Network as the company’s overall mission is to design products that help integrate DeFi for all users. Through integration, they aim at optimizing the capability of the Bitcoin network as a medium for decentralized financial operations.
This partnership is a significant development in the use of Bitcoin in DeFi, as it brings complex instruments to a broader public. Both companies are looking forward to delivering hybrid solutions to the users, opening new possibilities in the constantly evolving industry of decentralized finance.