INTRInterlay प्राइस

Interlay serves as a decentralized network that connects Bitcoin with robust DeFi platforms, most notably those built on Polkadot and Ethereum. Its main product, interBTC (iBTC), represents a fully collateralized, interoperable Bitcoin-backed asset, allowing users to convert their Bitcoin into a digital token that can be utilized across various DeFi applications.

At its core, Interlay provides a 1:1 backing mechanism that ensures users hold iBTC with full confidence that their holdings correspond to native Bitcoin. Importantly, users retain control over their private keys throughout the process, which underscores the project's commitment to security and decentralization.

By making Bitcoin usable in the wider DeFi landscape, Interlay aims to promote the ongoing adoption of Bitcoin as a versatile and integral part of the decentralized financial ecosystem.