📼UniRouter
What is UniRouter?
UniRouter - The Novel LSD Platform for Bitcoin. UniRouter presents a novel liquid staking solution, specifically designed to enhance the utilities and liquidity of staked Bitcoin assets across Bitcoin networks including Bitcoin L2s.
With a focus on security and reliability, UniRouter’s LSD solution becomes the first of its kind on the Bitcoin network, allowing users to earn staking rewards on their Bitcoin assets while maintaining liquidity, and enabling their participation in the broader Bitcoin DeFi ecosystem without sacrificing potential yield.
UniRouter is elevating into a pioneering Liquid Staking Platform beyond a BTC-EVM bridge, specifically designed to enhance the utilities and liquidity of staked Bitcoin assets across Bitcoin networks including Bitcoin L2s. Our platform is dedicated to unlocking new opportunities for Bitcoin assets by enabling the seamless integration and utilization in decentralized finance (DeFi) applications.
With a focus on security and reliability, UniRouter is introducing an innovative liquid staking solution, which allows users to earn staking rewards on their Bitcoin assets while maintaining liquidity, thus enabling their participation in the broader DeFi ecosystem without sacrificing potential yield.
What is uBTC?
uBTC is a Liquid Staking Derivative (LSD) token, which represents staked Bitcoin in a 1:1 ratio, allowing holders to participate actively in the DeFi ecosystem while their underlying assets generate staking rewards.
Introducing B² Reward Mechanism
The collaboration between UniRouter and B² Network introduces a new reward system that is intricately designed to benefit BTC stakers:
Daily Balance Snapshot: Every day, UniRouter will take a snapshot of users’ uBTC balances. This ensures that rewards from the Hive protocol are proportional to the amount of uBTC staked.
Claimable Rewards: Once B2 rewards from Hive protocol become claimable, UniRouter will support the claiming process directly. This adds an extra layer of convenience for users.
Flexibility in Staking: uBTC holders are encouraged to provide liquidity on decentralized exchanges (DEXes) or to deposit into lending protocols. The snapshots are designed to accommodate these activities, capturing all eligible uBTC balances even when utilized in different financial services within our supported B² Network ecosystem protocols.
U Point Reward System
In addition to financial incentives, UniRouter is also introducing a novel U Point reward system:
Point Accumulation: For every uBTC a user holds, they will accrue 1000 U Points daily.
Token Redemption: These points will be redeemable for future $URO tokens. We will publish a detailed post soon to explain the redemption mechanism in depth.
This points system not only incentivizes holding uBTC but also ensures active participation within the UniRouter ecosystem.
How does Echo work with UniRouter
When participating B² Farming, users can maximize their BTC yield through Echo
UniRouter <> B² Hive (uBTC) <> Echo
User's BTC deposited in UniRouter will be minted into uBTC as proof, and can then be bridged to Aptos as aBTC. Echo will calculate and distribute rewards based on the quantity of the aBTC you hold. aBTC can be deposited in Echo Lend where users can earn APT rewards.
Rewards:
Daily Reward Pool for B² Farming: 14,580 B² Tokens.
Daily Reward Pool for UniRouter: 1,000 U Points per BTC.
APT Rewards up to 12% APY.
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