Trac Systems' Tap Protocol announced in its latest technological advancements the launch of the first smart contract to run directly on Bitcoin's Layer 1, marking a new chapter for native Bitcoin smart contracts and DeFi tools. According to the team, this breakthrough development allows key features such as smart contracts, swaps, and liquidity pools to operate without relying on second-layer solutions, thus enhancing the practicality and security of DeFi activities on the mainnet. Tap Protocol integrates with systems like ICP, aiming to create a more decentralized operational environment where users can engage in DeFi-related activities directly on the Bitcoin mainnet without the complexity of second-layer setups. This innovation showcases the potential of the Bitcoin ecosystem in achieving more efficient and secure financial transactions.