High Tower
@htwtech
1/7 @yala_org is a new way to put your BTC to use. You deposit bitcoin and get $YU. You can use it as a stablecoin, earn real yield, or gain exposure to real-world assets. Let’s walk through it. https://t.co/D0J5w0bTcl 2/7 $YU is a soft-pegged stablecoin backed by BTC. It lives across Ethereum, Solana, and other chains. It's overcollateralized and minted only when BTC is locked.
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High Tower
@htwtech
3/7 You start with BTC. After a simple deposit, you receive YBTC, a wrapped version inside the Yala system. Then you mint $YU by opening a vault and setting your collateral. The system needs overcollateralization. 4/7 No BTC on hand? Use USDC. Swap it 1:1 for $YU with zero slippage using Yala’s Convert module. The Peg Stability Module keeps the price close to one dollar by design.
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High Tower
@htwtech
5/7 Holding $YU isn’t the end of the story. Stake it to absorb liquidations and collect BTC. Provide liquidity and get paid. Plug into Pendle, Kamino, and other DeFi apps. Yala connects it all. A built-in yield rate is also coming. 6/7 Every onchain move earns Berries. These points track how much you’ve used Yala. Minting, holding, farming, it all adds up. Later, Berries convert into $YALA, a governance and reward token.
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High Tower
@htwtech
7/7 The team worked on Maker, Circle, and Lido. The backers include Polychain, Galaxy, Amber, and HashKey. This is our take after digging into the docs and trying the app. BTC can be used in new ways, and Yala is one of them.
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