Yala is a DeFi protocol focused on developing Bitcoin-backed stablecoins. Its core product, $YU, is a Bitcoin-collateralized stablecoin soft-pegged to the US dollar, offering stability for transactions and yield generation in DeFi. Yala integrates Bitcoin liquidity into DeFi platforms across L1 and L2 ecosystems, allowing Bitcoin holders to leverage their assets without selling. Yala adopts a dual-token system, with $YU (a Bitcoin-backed yield-bearing stablecoin) and $YALA (the governance token of the Yala ecosystem)