Lunar Digital Property, the main full stack blockchain enterprise studio introduced the launch of LitVM, the primary EVM-compatible Layer 2 constructed on Litecoin on the Litecoin Summit. LitVM is a trustless zero-knowledge (ZK) Omnichain for Litecoin, which is designed to empower the Litecoin group with the total spectrum of Web3 performance and is endorsed by the Litecoin Basis.
LitVM transforms Litecoin right into a trustless, programmable ecosystem, unlocking real-world property and on-chain cultural expression. Powered by Polygon CDK and BitcoinOS, LitVM delivers a programmable ZK Layer-2 on Litecoin, with built-in entry to AggLayer’s cross-chain liquidity.
LitVM’s hybrid method of bridging trustless native Litecoin and Litecoin property by way of BitcoinOS’s ZK tech positions Litecoin to turn out to be an omnichain that unlocks funds, RWAs, and cultural property. LitVM’s infrastructure permits for peer-to-peer Litecoin and stablecoin rails, chain abstraction, and unlocks real-world utility. LitVM additionally permits for ZK-secured tokenized property and L1-secured RWAs like actual property and gold, powered by programmable time locks and DeFi-ready infrastructure. Moreover, LitVM opens up Web3 tradition world-building, together with Litecoin-based narrative property, on-chain lore, Runes, Lordinals, and digital communities.
“This is a vital step within the maturation of the Litecoin ecosystem. Since creating Litecoin in 2011, Litecoin’s growth and consciousness has remained centered on safety, reliability, and accessibility for on a regular basis transactions. LitVM extends these values into the programmable blockchain period,” stated Charlie Lee, Creator of Litecoin. “The Litecoin Basis endorses LitVM’s initiative to unlock good contract capabilities as it’s one thing many in our group have been ready for. We’re hopeful it opens doorways for builders to construct DeFi purposes, tokenize real-world property, and create cultural experiences straight on Litecoin with out compromising its safety rules. We’re excited to see the potential wave of innovation this may hopefully catalyze throughout our ecosystem.”
“Bitcoin and Ethereum Layer 2s are thriving like by no means earlier than, with a mixed $12 billion in TVL, greater than 170 energetic chains, and greater than 30 million month-to-month energetic customers. Litecoin stays one of many world’s hottest cryptocurrencies in use, and LitVM is the primary good contract Layer 2 equal to the energy of that adoption,” stated Lunar Digital Property CEO and LitVM Core Contributor Roc Zacharias. “Our mission is to create extra demand for Litecoin, and to unlock new use circumstances for each Litecoin and Litecoin-native property, all whereas fostering a utility-driven and cross-chain future for Litecoin customers that permits yield-generation alternatives and creates a vibrant ecosystem for Litecoin-powered funds, RWAs, and cultural property as effectively.”
LitVM is designed to facilitate a renaissance of Litecoin-native property by way of its huge ecosystem of utility-rich purposes. It encourages extra Litecoin on-chain exercise, allows new yield-generation alternatives, and supplies a vibrant Web3 app ecosystem for Litecoin-native asset holders. For extra data, please go to https://litvm.com/.
About LitVM
LitVM is Litecoin’s first trustless ZK Omnichain answer, endorsed by the Litecoin Basis. Powered by Polygon CDK and BitcoinOS expertise, LitVM securely bridges native Litecoin property to EVM good contract capabilities whereas offering interoperability, composability, and unified liquidity throughout chains by way of the AggLayer. The platform allows a complete ecosystem spanning funds, real-world property, and on-chain cultural expression, reworking Litecoin from a cost community into a completely programmable Web3 ecosystem. For extra data, please go to https://litvm.com/.
About Lunar Digital Property
Lunar Digital Property is a number one Web3 enterprise studio providing the total spectrum of promoting and BD-related companies, chargeable for incubating the likes of Polygon and QuickSwap. Lunar Digital Property operates as a full-stack incubation and advertising ready-support group that may assist your blockchain challenge launch and scale. For extra data, please go to https://www.lunardigitalassets.io.
