"Hemi Unites Bitcoin and Ethereum: Mainnet Launch Unlocks New DeFi Potential"

Hemi, a modular blockchain network powered by Bitcoin and Ethereum, is set to launch its mainnet on March 12, 2025. This significant event aims to unite the Bitcoin and Ethereum ecosystems into a single supernetwork, marking a major milestone in the development of decentralized finance (DeFi) across both platforms.

The Hemi Network, created by Hemi Labs, is designed to provide superior scaling, security, and interoperability. It will integrate a full Bitcoin node within an Ethereum Virtual Machine (EVM), enabling developers to harness the power of both Bitcoin and Ethereum using familiar and proven development tools. This integration will allow for the creation of new blockchain applications that were previously unattainable.

Hemi's mainnet launch follows a successful testnet phase, during which the network attracted over $300 million in total value locked (TVL) and attracted dozens of ecosystem launch partners. The mainnet will deploy over fifty protocols, including decentralized exchanges, lending protocols, vaults, liquid staking tokens (LSTs) and liquid restaking tokens (LRTs), oracles, and key dApps.

The Hemi Virtual Machine (hVM) and Hemi Bitcoin Kit (hBK) will provide developers with direct access to highly granular views of Bitcoin's state, unlocking new applications that were previously impractical or impossible to execute in a truly trustless, secure, and efficient way. Additionally, Hemi's PoP consensus protocol will inherit Bitcoin's full security in a truly decentralized and permissionless manner, exceeding Bitcoin-level finality in just a few hours.

Hemi's benefits also include trustless cross-chain portability through Tunnels, a Bitcoin-secured method for moving assets between Bitcoin and Ethereum. The network's additional asset-programmability features include on-chain routing, time-lock, and password-protect, as well as gasless transfer, enabling asset movement without requiring a web3 wallet.

The Hemi team, led by renowned early Bitcoin developer Jeff Garzik and blockchain security pioneer Max Sanchez, has a clear and compelling vision for unlocking the programmability, portability, and potential of Web3. With a distinguished track record, they are uniquely positioned to deliver on their ambitious goals.

Hemi Labs envisions a new, converged Internet ecosystem that is secure, interoperable, and ready for the many challenges of a Web