Hemi, the innovative blockchain platform that combines the Ethereum and Bitcoin ecosystems, has announced its official launch date. According to Hemi, the platform will go live on March 12th, offering cutting-edge decentralized exchanges, liquid staking assets, vaults, dApps, oracles, and lending protocols. The platform shared the launch date on social media.
🗓️📢🗞️ — Today we are excited to reveal the mainnet launch date for Hemi: March 12!
We are merging Bitcoin & Ethereum with numerous protocols ready on Day One and $300M TVL already secured.
Here’s a sneak peek at what’s to come 🧵👇https://t.co/qK8MW8xQcq
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Hemi Sets Mainnet Launch for March 12 to Unify Ethereum and Bitcoin Ecosystems
With its launch, Hemi aims to introduce a unique modular blockchain that enhances scaling, interoperability, security, and bridges the Ethereum and Bitcoin networks. The transition from the ongoing testnet to the mainnet release is scheduled for March 12th. The platform has already attracted $300M in total value locked and established a network of protocols, making Hemi a significant infrastructure layer for DeFi operations across Ethereum and Bitcoin ecosystems.
Hemi’s early ecosystem collaborators provide protocols that offer various benefits to users. These include developing apps compatible with both Ethereum and Bitcoin, participating in liquidity provision for DEXs and lending, and allocating funds for vault products. Users can also trade perpetuals, develop synthetic assets, stake and restake popular $ETH and $BTC tokens, and create synthetic assets.
Hemi’s DeFi ecosystem focuses on providing opportunities for yield and liquidity. Co-founder Jeff Garzik emphasized that the mainnet launch showcases the platform’s capability and robustness, aiming to unlock portability, programmability, and Web3 potential.
Empowering Unmatched Asset Programmability, Superfinality, and Cross-Chain Trustlessness
Hemi’s mainnet launch marks the beginning of leveraging the best of Ethereum and Bitcoin networks to enable a unique set of blockchain apps. By unifying Ethereum and Bitcoin, the platform offers Bitcoin programmability, superfinality, asset programmability, and trustless cross-chain manageability.