Bitlayer co-founder, Charlie, has revealed plans to launch the BTR governance token this summer, aiming to bolster Bitcoin DeFi infrastructure. This announcement comes as Bitcoin solidifies its position as a mainstream asset with the introduction of spot ETFs. Bitlayer seeks to leverage Bitcoin's robust foundation by implementing smart contracts as a rollup solution. This initiative aims to expand Bitcoin's functionality, paving the way for a thriving Bitcoin-based DeFi ecosystem. The BTR token will play a crucial role in governing this ecosystem, empowering community members to participate in decision-making processes. The move is anticipated to attract developers and users seeking to build and utilize decentralized applications on the Bitcoin network, potentially unlocking new opportunities within the cryptocurrency space. Stay tuned for more updates on the BTR token launch and Bitlayer's progress in building a Bitcoin DeFi future. ```

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