Bitlayer Developer Program Invests Another $100 Million! Deploying DApps can Earn Up to 3 Million BTR in Rewards, First Batch of 20 Projects Locked In
Bitlayer announces the launch of a $100 million developer incentive program, open to global teams for BTR token funding applications. Projects that pass the final selection can earn up to 3 million BTR (approximately $6 million at current market price), with priority access to Bitlayer's multi-chain liquidity network. In the first round of selection, 20 projects including RollDex (Bitcoin perpetual contract platform) and Desyn Protocol (re-staking protocol) have been locked in for rewards, covering multiple sectors such as DeFi, NFTs, and AI.
Incentive Mechanism:
• Grants Funding: Startup teams can apply for $100,000 to $300,000 worth of BTR for technology development and market promotion.
• Ecosystem Competition: Participate in the “Ready Player One” leaderboard competition, with 20 million BTR allocated based on TVL, user interaction volume, and other metrics.
• Event Sponsorship: Established projects can apply for up to $1 million in BTR for organizing user growth activities, with 100% of rewards distributed to participants.
Technical Advantages:
Bitlayer's multi-virtual machine support (EVM, MoveVM, CairoVM) significantly lowers the development threshold:
• EVM Compatibility: Ethereum developers can directly migrate Solidity contracts, with gas costs reduced to $0.01 per transaction.
• Support for Move Language: Sui ecosystem developers can reuse the Move codebase to quickly deploy decentralized derivative protocols.
• Cross-Chain Interoperability: Through BitVM Bridge, DApps can simultaneously call assets on the Bitcoin and Sui chains, for example, developing cross-chain lending protocols that allow users to collateralize BTC to borrow SUI tokens.