IDO Partnership Announcement: Red Kite x UniRouter - Unlocking New Bitcoin Liquidity Opportunities
Red Kite is thrilled to announce our partnership with UniRouter, an innovative platform redefining the Bitcoin ecosystem through next-generation liquid staking, powered by the B² Network. This collaboration embodies our commitment to bringing the most advanced financial tools to our community.
UniRouter tackles one of Bitcoin’s core challenges by unlocking liquidity across both primary (L1) and secondary (L2) layers. By staking Bitcoin on UniRouter, users receive uBTC—a versatile, liquid asset expanding across the B² Network. This breakthrough enhances Bitcoin's accessibility, boosting its usability and value.
Key Highlights of UniRouter:
- TVL Growth: Rapid increase in TVL - from $170M+ in September to $270M+ in October, now reaching $316M.
- Cross-Layer Liquidity: Unlocks liquidity on Bitcoin's L1 and L2 layers, bridging Bitcoin and EVM.
- Expanded Use Cases: Supports inscription assets, with new opportunities in Ordinal-based on-chain games.
- Strong B² Ecosystem Engagement: Deep integration with other projects within the B² ecosystem, receiving top support from the network.
Backers: B² Network (794M+ TVL), the foremost practical Bitcoin Layer-2 network which has just received funding from Spartan, Animoca, Hashkey, Polygon Ventures
With a robust community of 570,000+ stakers and $316M+ in TVL, UniRouter is setting a new standard in Bitcoin staking. Together, Red Kite and UniRouter will empower our community to maximize their Bitcoin assets securely and efficiently.
