Lunar Digital Assets announced the launch of LitVM, the L2 network, introducing smart contracts to Litecoin

On May 31st, Lunar Digital Assets announced the launch of Litecoin's ecological zero-knowledge Layer-2 network LitVM, introducing smart contracts to Litecoin, which was born in 2011. The network is based on BitcoinOS and Polygon CDK, and is supported by the Litecoin Foundation.
LitVM is an EVM-compatible ZK Rollup designed to introduce smart contract functionality, cross-chain liquidity, and real-world asset (RWA) support. Lunar Digital Assets said LitVM will help Litecoin expand into DeFi and Web3 ecosystems, providing on-chain use cases such as stablecoin payments, programmable assets (Runes, Lordinals), and more.