Cross-Chain Bitcoin
Rehypothecation Layer
Enabling Permissionless Multi-Collateral BTC Consensus on Solana
Native Bitcoin Restaking Mechanism
Rehypothecation Protocol
Photon implements a rehypothecation protocol enabling native Bitcoin (BTC) to be utilized as collateral within Solana's consensus mechanism:
- Trustless BTC-to-Solana bridge
- MEV-resistant cross-chain transactions
- Atomic swap for bridge operations
- Validator stake delegation through rehypothecated BTC
- Cross-chain state verification via SPV proofs
PBTC
Native Bitcoin restaking through secure bridging primitives on Solana:
- Solana Program Library (SPL) compatible token standard
- On-chain oracle price feeds integration
- Multi-signature custody architecture
Core Components
Cross-Chain Validation Engine
Modular Bitcoin-to-Solana bridging infrastructure with multi-layer security validation:
- Efficient UTXO tracking through block filters
- Cross-chain state verification
- Multi-signature threshold custody (TSS)
- SPL-compatible minting operations
- Real-time transaction finality
Restaking Mechanism
Native Bitcoin restaking architecture enabling programmatic yield generation:
- BTC-backed SPL token collateralization
- Permissionless validator delegation
- MEV-resistant stake allocation
- Automated yield compounding
- DeFi-compatible staking primitives
Solana Consensus Layer
High-performance Solana integration enabling parallel execution and stake management:
- Dedicated stake management programs
- Parallel transaction execution
- UTXO-to-account state mapping
- Composable DeFi interfaces
Driving Ecosystem Adoption With $PTON Initiatives
Photon Ecosystem
Architecting Native Bitcoin Restaking Protocol on
Solana Consensus Layer
HYPER-PERFORMANT PRIMITIVES
Photon implements a distributed validation layer utilizing threshold-secured primitives for high-throughput Bitcoin restaking operations. The protocol enables permissionless validator participation with MEV-resistant transaction settlement.
COMPOSABLE ARCHITECTURE
Advanced L2 infrastructure with EVM+ runtime environment, enabling seamless integration of Bitcoin restaking primitives. Photon exposes cross-program interfaces for building restaking applications while maintaining BTC security.
DISTRIBUTED VALIDATION
Our protocol leverages distributed state verification and compact SPV proofs to optimize cross-chain attestation, enabling secure Bitcoin-to-Solana bridging at scale through multi-signature custody architecture.
CROSS-CHAIN ORCHESTRATION
Photon implements native protocol primitives for cross-chain Bitcoin restaking, enabling trustless validator participation across Bitcoin, Solana's consensus layer, and external EVM/non-EVM networks.
YIELD GENERATION
We aim to shape a community of users and developers united by shared values, driven by the $PTON economic model that spurs participation and value creation to enable a sustained Bitcoin-enabled network growth
Build Anything
On Photon
INSCRIPTIONS
DEX
LENDING
REAL WORLD ASSETS
GAMES
SOCIALFI
NFTS
STABLECOINS
ANYTHING