BTCLiquiditystake and the re-stake protocol Echo have been launched on Aptos

Odaily Star Daily News According to official sources, Echo announced that it has officially launched on Aptos, and the Mainnet launch marks the beginning of the cooperation with the Aptos Foundation. Users can now explore how Echo will promote BTC revenue infrastructure and innovation on Aptos. Echo's flagship product aBTC is a Cross-Chain Interaction, LiquidityBTCToken supported by BTC at a 1:1 ratio. This innovation promotes the Decentralized Finance interoperability of BTC, allowing users to gain actual benefits in ecosystems like Aptos, and aBTC will be fully supported throughout the Aptos Decentralized Finance ecosystem. In order to reward the early adopters and users of aBTC, Echo has teamed up with the Aptos Foundation to provide APT rewards of up to 12% APY for aBTC holders. Echo and Aptos Foundation are collaborating to expand the use cases of aBTC and integrate it into the entire Decentralized Finance ecosystem on the Aptos network. As the only BTC LiquiditystakeToken on Aptos, aBTC will unlock the Decentralized Finance market on Aptos by introducing new primitives, enhancing Liquidity, and expanding yield opportunities. In addition, with the support of the Aptos Foundation, Echo has launched eAPT, which will be used to protect the MoveVM chain and enhance the security and verification of Aptos. According to the introduction, Echo is BTC Liquidity stake and re-stake protocol, and introduces a new category of Liquidity assets for the Move ecosystem. Through cooperation with BTC ecosystem partners, Echo seamlessly integrates with all native BTC L2 solutions (including Babylon) and supports various BTC Liquidity stake Tokens.