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We’re thrilled to announce the launch of the Yala Testnet!
With this release, users can now interact with the core features of the Yala protocol and get a firsthand experience of how we are bridging Bitcoin with multi-chain ecosystems.
Get started with the Yala testnet here 🏔️
Yala Testnet Functionality
On the Yala testnet, you’ll be able to:
- Deposit and MetaMint $YU: Securely deposit BTC and mint $YU, our Bitcoin-backed stablecoin.
- Manage your position: Adjust your vaults by adding or withdrawing BTC and managing your $YU.
- Stake your $YU: Stake your $YU to earn $BERRIES, the native points token.
Explore the Yala testnet launch for a number of other benefits and features, including referral links and other hidden opportunities to earn more $BERRIES.
Earning $BERRIES
$BERRIES are the Yala testnet reward points you can earn by participating in various activities within the Yala platform. These points reflect your engagement and activity in the Yala ecosystem, with the more $BERRIES you collect, the higher you can rank on the Yala leaderboard. Earning $BERRIES improves your recognition and rewards across the Yala ecosystem, including Yala’s future airdrop rewards.
You can earn BERRIES in a number of ways across the Yala ecosystem. For more details on BERRIES, check out the Yala testnet guide here.
What's Next?
The Yala testnet offers users the chance to explore these functionalities and provide feedback as we move closer to our full mainnet launch. It’s an exciting time to be a part of the Yala community, and we invite everyone to dive in, experiment with the testnet, and help us shape the future of Bitcoin DeFi.
Join us on this journey as we continue to build a decentralized, multi-chain financial system 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.