OmniZK Development Network will upgrade to the testnet on June 18, 2024, to support the growth and development of BTC DeFi. OmniZK offers decentralized alternatives, enabling cross-chain Bitcoin use cases through native network settlement, including non-custodial BTC liquidity staking, cross-chain Bitcoin DeFi markets, decentralized asset bridges, and comprehensive chain liquidity management.

LEVER

Odaily Planet Daily News LeverFi announced that the OmniZK development network will upgrade to the testnet on June 18, 2024, to support the growth and development of BTC DeFi. Compared to centralized Bitcoin L2 solutions that use multi-signature or institutional custodians to protect user assets, OmniZK offers a decentralized alternative. OmniZK supports a wide range of cross-chain Bitcoin use cases through native network settlement, including but not limited to: non-custodial BTC liquidity staking, cross-chain Bitcoin DeFi markets, decentralized asset bridges, and comprehensive chain liquidity management. (Medium)

OmniZK Development Network is scheduled to upgrade to the testnet on June 18, 2024, supporting the development of BTC DeFi.