Yala Testnet

Yala Testnet Overview

Welcome to the Yala Testnet, where you can explore the next generation of decentralized finance (DeFi) built on modular infrastructure. Yala Finance is designed to give users the ability to borrow over-collateralized stablecoins (YU) using BTC or UTXO assets as collateral. With $YU, you can participate in DeFi across various ecosystems and earn more through staking and other tasks.

What is Yala Finance?

Yala Finance is a lending protocol that allows users to borrow stablecoins by leveraging their BTC or UTXO assets. The core features include:

• Over-collateralized borrowing of $YU.

• A modular infrastructure that supports lending across multiple blockchains.

• Opportunities to earn additional rewards through DeFi activities like staking.

Learn more about Yala Finance here:

• Website

• Documentation

• Blog