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YALA ( Bitcoin-Backed Stablecoin Platform )

Yala is an innovative project in the decentralized finance (DeFi) space, focusing on creating a Bitcoin-backed, yield-earning stablecoin called YU. The project aims to bridge the gap between Bitcoin’s value storage capabilities and the flexibility of stablecoins in the DeFi ecosystem. Yala’s core offering, the $YU stablecoin, allows users to mint stablecoins by depositing Bitcoin, leveraging the security and value of BTC while providing the stability needed for various DeFi applications.

At the heart of Yala’s technology is MetaMint, a cross-chain protocol that enables the instant conversion of native BTC into stablecoins on EVM-compatible chains. This eliminates the need for intermediate wrapping, significantly simplifying the user experience. The project has garnered significant attention in the crypto community, raising $8 million in a funding round led by prominent investors such as Polychain Capital and Ethereal Ventures.

Yala Airdrop Details

Yala is currently running phase 3 of their testnet, offering users the opportunity to earn “Berries” – airdrop points that are likely to be valuable when the project launches its mainnet and governance token. Here are the key details of the Yala airdrop:

Status: Active testnet phase.

Token: Users can earn “Berries” (airdrop points).

Eligibility: Open to users who participate in the testnet activities.

Timeline: Testnet is live now; mainnet and $YALA token launch expected in Q2 2025

Potential Rewards: While not explicitly stated, Berries are likely to translate into $YALA tokens or other benefits upon mainnet launch

Backed by $8 Million in Series A funding led by prominent investors such as Polychain Capital and Ethereal Ventures.

$YALA

Timeline

TGE: Q2 OF 2025

Step by step guide for Yala Airdrop

Visit the Airdrop and YALA Airdrop and connect your OKX wallet and unisat wallet.
Choose between BTC or ETH faucet (BTC recommended for this guide).
Enter your Taproot BTC address (starts with tb1p…).
Input an amount between 0.01 and 0.05.
Verify the captcha and submit.

What’s New in The Testnet Phase 2?

You can deposit TBTC to receive YBTC and withdraw YBTC to receive BTC with a 1:1 ratio.
You can earn 24 berries for every 0.001 BTC you deposit to obtain YBTC.
Key Update 2: YU/YBTC Liquidity Points Plan Testnet v2 now includes the YU/YBTC liquidity points plan. Here’s how it works:
Add Liquidity: Add YU/YBTC liquidity on Uniswap to get LP tokens.
Stake LP Tokens: Stake these tokens on Yala.
Earn Rewards: For every 1 $YU worth of LP tokens staked, you earn 0.04 Berries per hour.

Depositing into the BTC-YU Vault

Navigate to the MetaMint tab in the menu
Input the amount of BTC you wish to deposit and the corresponding amount of $YU to mint
Approve the transaction and create your vault

Note: Confirmations may take several minutes to hours due to network congestion

Staking YU Tokens

Go to the Portfolio
Click on “Stake YU”
Enter the amount of YU you wish to stake based on your balance
Confirm the staking transaction

TIP: For every 1 YU staked, you earn 0.01 Berries per hour

Daily Check-in and Referrals

Visit the Berries page
Click on “Check-in” to earn 1 Berry per day
Copy your invite link to refer friends (you earn 15% of the Berries your referrals make)

Participating in the Galxe Campaign

Head to the Yala Galxe Quest
Complete tasks such as following Yala on social media, visiting their website and docs, and joining their Telegram community
Answer the campaign questions (Answers: B, A, A, A, A, C)

Additional Ways to Earn Berries

Complete the Yala community quest on the welcome page
Follow @yalaorg on Twitter and connect your account for 10 Berries
Engage with Yala’s recent tweets (1 Berry per like or retweet)
Provide quality feedback on the platform (10 Berries per valuable feedback)

Maximizing Your Berry Earnings

To optimize your Berry accumulation, consider these strategies:

Consistent Deposits: Earn 1 Berry per hour for every 0.001 BTC deposited
Active Minting: Gain 0.05 Berries per hour for each YU minted
Stake Regularly: Accumulate 0.01 Berries per hour for every YU staked
Daily Engagement: Don’t forget to check in daily and interact with Yala’s social media
The Generation Event TGE IS CONFIRMED nearly end of Quarter 2 of 2025