Yona Network
  • Introduction
    • What is Yona Network
    • Use Cases
    • How to contribute
  • Yona Tech
    • Yona Architecture
    • Execution Nodes
    • Bitcoin Settlement and Finality
  • Testnet
    • RPC Information
    • Faucet
    • Wallet
    • Deploy your first smart contract
    • Yona Testnet supported programs
  • Yona BTC Canonical Bridge
    • Yona BTC Canonical Bridge explained
    • Yona BTC Canonical Bridge flow
    • Bridge Nodes
    • Yona BTC Bridge testnet guideline
    • Dev environment configuration
  • Information and links
    • Official Links
    • Tools
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  1. Introduction

Use Cases

Yona Network is a Bitcoin L2 specializing in DeFi infrastructure. The key distinction from non-Bitcoin blockchains is that Yona Network users operate within the Bitcoin realm itself, without the need for wrapped assets.

The main use cases include:

  • DEXes. Users can trade BTC and assets like BRC-20 and on spot in both AMM and orderbook-based protocols.

  • Perps. Trading perps for the same asset classes.

  • Meme Coins. Yona will host a unique meme coin culture combining both Solana and Bitcoin worlds.

  • Lending and Borrowing. Users can lend their Bitcoin to others and earn interest, or borrow Bitcoin by providing collateral.

  • Stablecoins. BTC and other Bitcoin assets can be used as collateral to mint stablecoins, which are pegged to stable assets like the USD.

  • Yield Farming and Staking. Users can stake their Bitcoin in DeFi protocols to earn rewards, or participate in yield farming to maximize returns.

  • Restaking primitives: Building LRTFi infrastructure and BTC restaking capabilities in restaking protocols via Yona Network

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Last updated 8 months ago