MIDL
Midl is an execution environment that brings smart contracts and programmability to Bitcoin, enabling native dApps and DeFi. Bridgeless access and usage of native Bitcoin Standard Assets unlock the ability for the Bitcoin ecosystem to emerge, expand, and function as a full onchain economy - fueling a new generation of decentralized products built directly on Layer 1.
Midl is a Bitcoin-native infrastructure platform designed to enable decentralized applications (dApps) to operate directly on the Bitcoin network without the need for bridging or wrapping assets. By introducing an Ethereum Virtual Machine (EVM)-compatible execution layer, Midl allows developers to build and deploy applications such as DeFi protocols, GameFi projects, and DAOs natively on Bitcoin. The platform utilizes a Delegated Proof-of-Stake (DPoS) consensus mechanism, where validators stake BTC and Midl tokens to secure the network, and users can delegate their stakes to participate in network rewards. Midl also offers a non-custodial staking-as-a-service solution, providing users with signing kits that integrate with hardware wallets like Ledger, ensuring they retain full control over their assets while participating in staking activities. Additionally, Midl's "Bootstrap" program incentivizes users to commit liquidity to emerging Bitcoin-native dApps, rewarding them with Midl tokens, all while keeping their funds in their own wallets without lock-ins.
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