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