INTRODUCTION
Last updated
Last updated
Echo is a multifaceted protocol specializing in bridging, restaking, and decentralized finance (DeFi), seamlessly interoperating within the Move ecosystem. Our mission is to enhance BTC liquidity and introduce innovative restaking solutions for BTC assets within Move.
Echo is pioneering BTC liquid staking & restaking and yield infrastructure into Move ecosystem, introducing a new category of liquid assets to the Move ecosystem. By collaborating with Bitcoin-aligned ecosystem partners, Echo seamlessly integrates with all native BTC Layer 2 solutions, including Babylon, and supports various BTC liquid staking tokens. Users can deposit BTC directly without relying on traditional Bitcoin staking protocols, positioning Echo as a key player in attracting fresh capital to the Move DeFi ecosystem.
Our flagship product, aBTC, is a cross-chain, liquid Bitcoin token backed 1:1 by BTC. This innovation facilitates DeFi interoperability for Bitcoin, enabling users to earn real yield within ecosystems like Aptos, and aBTC will be fully supported across the Aptos DeFi network.
For the first time, we are introducing restaking to the Move ecosystem with our innovative product, eAPT. This will enable restaking to secure MoveVM chains or any projects developing their own blockchains, allowing them to rely on Aptos for security and validation.