Yala and Avail: Bringing a New Standard for Scalability and Interoperability to Bitcoin
Yala, a project that connects Bitcoin liquidity with a meta yield stablecoin, is thrilled to announce its strategic partnership with Avail, a Web3 infrastructure layer that’s accelerating the unification of Web3. By integrating Yala’s Bitcoin modularity and liquidity innovations with Avail’s state-of-the-art Web3 infrastructure, we are setting a new standard for blockchain scalability, efficiency and interoperability.
Avail’s pioneering Web3 infrastructure layer is designed to empower modular execution layers to scale and interoperate in a trust-minimized environment. It is committed to reshaping the blockchain landscape, guided by the vision of decentralization and the promise of modular methodology. Avail’s Data Availability (DA) layer, Nexus interoperability layer, and Fusion Security network layer — collectively known as the Avail Trinity — form a robust foundation for the next generation of scalable apps.
Yala will offer innovative modular solutions for the Bitcoin ecosystem. The core of Yala’s product suite revolves around the programmable module, complemented by an application layer lending protocol and stablecoin issuance. Dedicated to tackle interoperability challenges, Yala provides comprehensive Bitcoin DeFi services such as borrowing, staking, insurance, and issuing YalaUSD, a BRC-20 stablecoin. This stablecoin, backed by inscriptions or Bitcoin in Collateralized Debt Positions (CDPs) or vaults, boosts liquidity and utility, paving the way for a more interconnected Decentralized Finance (DeFi) environment.
The synergy between Yala and Avail is rooted in our shared commitment to innovation, scalability, and decentralization. By leveraging Avail’s DA as the base layer, Yala is developing a Roll-Up module on the DA layer, encompassing an Indexer and SDK. This integration ensures high throughput for Yala’s protocol without sacrificing security for decentralization, thanks to the advanced Roll-Up technology provided by Avail.
Together, Yala and Avail are building a new paradigm where Bitcoin’s value can be fully realized and leveraged in DeFi. By offering developers unparalleled performance and flexibility, we are unlocking a world of new possibilities for blockchain.
About Avail
Avail is building a permissionless unification layer for web3 to solve blockchain user and liquidity fragmentation. Avail is addressing this from first principles with its three phase roadmap, the Avail Trinity. Starting with Avail DA, the validity proven data availability layer, followed by Nexus for permissionless unification, and Fusion for shared security. Blockchain and rollup developers can submit transaction data to Avail DA today and inherit the security and benefits of Avail’s KZG commitments and light clients with data availability sampling.
The Avail DA testnet is already live.
About Yala
Yala connects Bitcoin liquidity with a meta yield stablecoin. Designed as both a potent asset and a liquidity enhancer, the stablecoin, yUSD, operates across various ecosystems, increasing efficiency without the need for bridges or relocating the underlying Bitcoin. Yala empowers Bitcoin holders and ecosystem participants with expanded utility, all while maintaining the security of Bitcoin’s infrastructure.
