Yala
Yala is a decentralized finance protocol focused on developing Bitcoin-backed stablecoins. Its core product YU is a Bitcoin-collateralized, softly pegged US USD stablecoin that provides stability for trading and yield generation in decentralized finance.Yala integrates Bitcoin liquidity into decentralized finance platforms across L1 and L2 ecosystems, enabling Bitcoin holders to utilize their assets without selling them.Yala adopts a dual-token system, including YU(a Bitcoin-backed, yield-bearing stablecoin) and YALA（Yala the governance token of the ecosystem).
Overview
Yala is a decentralized finance protocol focused on developing Bitcoin-backed stablecoins. Its core product YU is a Bitcoin-collateralized, softly pegged US USD stablecoin that provides stability for trading and yield generation in decentralized finance.Yala integrates Bitcoin liquidity into decentralized finance platforms across L1 and L2 ecosystems, enabling Bitcoin holders to utilize their assets without selling them.Yala adopts a dual-token system, including YU(a Bitcoin-backed, yield-bearing stablecoin) and YALA（Yala the governance token of the ecosystem).
- Sector
- # Stablecoins
- Ecosystem
- —
Team
Team information has not been disclosed.
Funding history
1 disclosed rounds- Seed
8,000,000 USD
Related news
Market updates
No related market updates.
People updates
No related people updates.