Convert Avail AVAIL to Function FBTC

Avail’s modular architecture brings together two essential infrastructure layers that form the backbone of a unified onchain economy. Avail Nexus is the multichain infra layer that unifies how applications, users, and liquidity interact across ecosystems. Through a single integration, Nexus lets developers connect their apps to liquidity and users from any chain, without bridges, redeployments, or gas complexity. At its core, Nexus is an intent engine that handles cross-chain routing, transaction execution, and funds settlement on behalf of users and the apps they use. For developers, Nexus transforms fragmented cross-chain experiences into a single flow that unlocks new markets, drives higher retention, and expands reach across the entire onchain economy. Avail DA is a high-throughput cryptographically verified data availability (DA) layer that ensures all transaction data is available, verifiable, and accessible to anyone. Using KZG polynomial commitments and data availability sampling (DAS), Avail DA enables rollups and modular chains to scale efficiently without compromising security. Avail DA features the fastest DA finality of any other live DA layer today. Combined, these layers unlock seamless interoperability and scalability for the next generation of modular, multichain applications.

Function is building the financial infrastructure that makes Bitcoin productive, unlocking yield, liquidity, and capital efficiency for holders across DeFi and traditional finance. FBTC turns Bitcoin into an asset that works. FBTC represents the first omnichain Bitcoin yield asset, enabling BTC holders to participate in structured, risk-managed and programmatic yield strategies. FBTC is fully backed on a 1:1 basis with BTC, Bitcoin Reserve Address List is public and can be verified at any time. FBTC combines the security of Bitcoin reserves with the flexibility of smart contracts, creating a secure and efficient bridge between the Bitcoin network and modern DeFi protocols. FBTC turns idle BTC into a functional and productive asset. The primary purpose of FBTC is to bring native Bitcoin liquidity into DeFi. Enabling Bitcoin holders to access a wide range of yield generating strategies, without having to sell their BTC. This not only enhances the utility of BTC but also allows holders to earn returns on their assets, making FBTC a powerful tool for maximizing the potential of Bitcoin in the DeFi ecosystem