Introducing Yala Testnet v2
We’re excited to announce the launch of Yala Testnet v2, the next evolution of the Yala platform!
We’re excited to announce the launch of Yala Testnet v2, the next evolution of the Yala platform!
This update brings refined features, new functionalities, and an optimized user experience, offering a glimpse into the future of Bitcoin DeFi. Whether you're a seasoned user or new to Yala, there’s something for everyone in v2.
To get started with Yala Testnet v2, visit app-testnet.yala.org.
For walkthroughs, guides & FAQs, visit docs.yala.org/user-guide-v2.
Explore what’s new in Yala Testnet v2 below👇
What’s New?
Enhanced Staking Capabilities
- New Stake & Unstake Functions
- You can now deposit BTC to obtain YBTC and withdraw YBTC to receive BTC with 1:1 ratio.
- A dedicated “In and Out History” page provides full transparency by displaying your entire Stake & Unstake history.
- Earn 24 Berries for every 0.001 BTC you deposit to obtain YBTC, boosting your rewards as you interact with the Yala ecosystem.
- Updated Block Processing Time
- Transaction block processing has been updated to 6 blocks (~1 hour) for v2, compared to v1’s 1 block (10 minutes)—delivering enhanced security while maintaining efficiency.
User Guide Optimization
To help users quickly get started, we’ve introduced:
- Updated 'Get Started' Page.
- Improved documentation & user guidance.
YBTC Branding Updates
All BTC references across the platform now reflect YBTC branding for a consistent and unified experience. This includes:
- Creating, adjusting and closing vaults.
- The Position page.
- The Transaction History page.
YU/YBTC Liquidity Supplementary Points Plan
We’re introducing the YU/YBTC Liquidity Supplementary Points Plan:
- Add liquidity to Uniswap to earn LP tokens.
- Stake these LP tokens on Yala to earn additional points and rewards.
- Earn 0.04 Berries per hour for every 1 $YU worth of LP token you stake.
This initiative encourages deeper participation in the ecosystem while rewarding liquidity providers.
Simplified Platform Features
We’ve streamlined Yala Testnet by removing:
- Staking YU
- Staking YU will no longer be available nor can earn users any Berries.
- Existing stakers can withdraw their staked YU.
- “Return the Asset” Function
- This Feature has been retired to simplify asset management and improve user work flows.
Earning Berries in v2
Berries remain central to the Yala testnet ecosystem, your engagement and activity on the platform. The more Berries you earn, the higher your leaderboard ranking—and the greater your rewards within Yala’s ecosystem.
With v2’s new incentives, including bridging rewards and liquidity staking opportunities, there are even more ways to boost your Berries earnings.
Yala Testnet v2 is here to deliver a more engaging and refined DeFi experience. Your feedback is essential as we innovate and progress toward the mainnet launch.
Explore v2’s new features and be part of the decentralized financial future powered by Bitcoin.
Join the Yala Community
Yala is a Bitcoin-based asset protocol designed to channel Bitcoin liquidity into multiple ecosystems using $YU, a Bitcoin-collateralized stablecoin pegged to USD.