Launching Bitlayer Token (BTR) and the 'Boost' Program via Binance Wallet.
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Dear Binance Members,
Binance is pleased to launch two exclusive events for the Bitlayer project within the Binance Wallet.
Boost Program: Participate in the distribution of 30,000,000 additional BTR tokens by completing several tasks and supporting the project during its early development phase.
Pre-launch Token Event: Eligible users can subscribe to the BTR token before it becomes tradable.
Bitlayer Boost Program via Binance Wallet:
The Bitlayer Boost Program, a multi-phase challenge, gives users the opportunity to earn a portion of the 3% of BTR tokens that will be distributed throughout the campaign. Details of the Bitlayer Boost Program:
Event Start Time: 24-07-2025 at 09:00 (UTC)
Total Rewards: 30,000,000 BTR Tokens (3% of total supply)
The Boost Campaign is open to all Binance Wallet users (without a key) who achieve 61 points or more from Binance Alpha points.
Boost Program Schedule:
Phase 1: Participate in the Task
Eligible users are identified who interacted with the project team and completed the specified task to move on to the next phase.
Phase 2: Token Distribution
Tokens will be distributed to users who successfully complete the task requirements according to the reward vesting schedule. Please note that the vesting schedule may include a lock-up period, the duration of which varies based on project requirements and specified rules. During the lock-up period, users will not be able to claim or trade the distributed tokens. These details will be clearly stated on the Boost Program page.
Phase 3: Claiming Rewards and Trading
Once the project team allows trading, the tokens will become tradable. This date will be announced by the project team. Your individual rewards will become claimable according to the reward schedule outlined in Phase 2. Once obtained, users will be able to freely trade their earned rewards on the Binance Alpha platform.
BTR Token Pre-launch Phase
During the pre-launch token event, users can subscribe to the governance token BTR exclusively via the Binance Wallet. The subscription process is based on oversubscription, allowing a deposit of up to 3 BNB per user. Tokens are allocated proportionally to the total BNB deposited by all participants. After the subscription period ends, users can claim their BTR tokens via the [Assets] tab, and any unused BNB tokens will be automatically refunded. Important: Since this event is prior to the official listing, the claimed BTR tokens will be subject to a mandatory lock-up period and will not be tradable immediately after the campaign. Tokens will only become tradable after a decision by the project team to start trading. Please ensure you fully understand the lock-up period before participating. Please refer to this FAQ for more information.
Pre-launch Bitlayer Event Subscription Details:
Token Name: BTR (Bitlayer)
Chain: BNB
Total Amount Collected: $400,000 in BNB
Total Number of Tokens: 20,000,000 BTR (2% of total stock)
Accepted Token: BNB
Price per token: 0.002 USD equivalent to BNB
Subscription Limit per Wallet User: 3 BNB
Participant Qualification Criteria: To qualify, participants must have enough Binance Alpha points according to the eligibility criteria for this event.
Distribution: Allocation is based on each user's contribution ratio compared to the total amounts deposited.
Trading Date on Decentralized Platforms: BTR tokens will not be tradable immediately after distribution. Trading will only begin after the project team announces it. Please follow project team announcements here.
Pre-token Launch Timeline:
Phase 1: Deposit BNB
Eligible users can participate by depositing up to 3 BNB during the subscription period. Users must ensure that their deposits do not exceed the specified maximum for each user.
Phase 2: Token Allocation (Non-tradable)
After completing the subscription, users will receive their share of tokens based on the final calculation. These tokens will be deposited into their accounts, but they will remain non-tradable until the official launch date set by the project.
Phase 3: Trading Opens on Binance Alpha Platform
Once the token is officially available, users will be able to freely trade their allocated tokens on the Binance Alpha platform.
Note:
The start date for the pre-launch phase of the token and Alpha points requirements will be announced on the official Binance Wallet account on platform X in the coming days.
For security reasons, always verify the official contract address through Bitlayer's official channels before making any transaction.
How to Participate:
Visit the Binance Wallet, click on the activity banner, and follow the instructions starting from the event's start time and date.
Ensure you have enough BNB and Alpha points in your Binance wallet (without a key).
Read the rules and details carefully and conduct your own research before committing. For more information, including activity rules, please visit the Bitlayer pre-launch event page and the Boost Program.
What is Bitlayer:
Bitlayer is an infrastructure project based on the Bitcoin network, aiming to turn the concept of BitVM into practical reality. It seeks to unleash the full potential of decentralized finance (DeFi) on Bitcoin by combining unprecedented security levels and a high-speed smart contract engine.
Based on Bitcoin's original security model, Bitlayer offers a low-trust BitVM bridge, assets carrying benefits like YBTC, along with a high-performance aggregation layer (Bitcoin Rollup). Through these components, the Bitcoin ecosystem gains real value, effective expansion, and the ability to integrate applications, forming the basis for a comprehensive and advanced decentralized financial infrastructure that meets the future.
Website
X
Token Overview:
Token Name: BTR
Trading Token: BTR
Total Token Supply: 1,000,000,000 BTR
Token Use Cases
Storing and participating in voting on the contract: Supporting network security and participating in contract voting for important decisions.
Governance: Shaping the ecosystem's future through governance voting.
Fee Distribution Mechanism: Voting to decide how to allocate transaction fees.
Note: There may be discrepancies between this original English content and any translated versions. Please refer to the original English version of the content for the most accurate information in case of any discrepancies.
Thank you for your support!
Binance Team
2025-07-23
Disclaimer: The Binance Wallet is an optional product, and you are solely responsible for determining whether this product is suitable for you. Binance (Binance) is not responsible for your access to or use of third-party applications (including the features it includes in the Binance Wallet) and will not be liable for your use of third-party applications, including but not limited to any disputes regarding transactions. Please carefully review the terms of use for the Binance Wallet and always conduct your own research.
Binance Alpha highlights emerging digital assets that are not yet listed on the Binance trading platform. Classifying an asset as 'Alpha' does not necessarily mean it will be listed on the Binance trading platform. You may lose the entire or part of your investment. Please note that: (i) assets classified as 'Alpha' are subject to high price volatility, increasing risk. (ii) you may experience price slippage and blockchain fees. (iii) 'Alpha' assets cannot be withdrawn from the Binance trading platform. Binance will not be liable for any losses incurred as a result of your investment in Binance Alpha assets.
Tokens earned through participation in pre-launch events will be subject to a mandatory lock-up period. During the lock-up period, users will not be able to trade, transfer, or act upon these tokens in any way until the project officially lifts the lock-up. The timing and conditions for releasing the tokens are determined by the project team responsible for the token. You are responsible for ensuring that you understand and accept the risks associated with participating in pre-launch token events, including but not limited to the inability to claim tokens during the lock-up period, market volatility, and project-specific risks. Participation in pre-launch token events does not guarantee any profit, return, or liquidity. Users must conduct their own due diligence before participating.
Tokens obtained through participation in 'pre-launch token' campaigns will be subject to a lock-up period immediately after the token's issuance. During the lock-up period, users will not be able to claim these tokens until the project officially makes them available. The timing and conditions for lifting the lock-up of tokens are determined by the project team itself, and Binance has no control over the duration of the lock-up period, nor is it responsible for any delays or changes that may occur. You are responsible for ensuring that you understand and accept the risks associated with participating in 'Boost' programs, including but not limited to the inability to claim tokens during the lock-up period, market volatility, and project-specific risks. Participation in 'Boost' programs does not guarantee any profit, return, or liquidity. Users must conduct their own due diligence before participating.