#bitlayer @BitlayerLabs Bitlayer is an innovative Bitcoin Layer-2 (L2) protocol built on the BitVM architecture, designed to introduce Ethereum-style programmability and scalability to the Bitcoin ecosystem—all while maintaining Bitcoin’s security. It employs technologies like BitVM, Optimistic-DLC (OP-DLC), and Zero-Knowledge proofs to power smart contracts, rollups, and trust-minimized cross-chain transfers.

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The BTR Token — Native to Bitlayer

What is BTR?

The BTR token (also noted as BTL in some sources) is Bitlayer’s native governance and utility token, with a maximum supply of 1 billion tokens.

Ecosystem incentives: rewarding contributors like developers and users.

Governance: holders can propose and vote on decisions shaping the ecosystem.

Staking & Node Voting: stakers support network security and influence validator selection.

Fee allocation: through a “Fee Switch” mechanism, holders can redirect protocol fees toward staking rewards or token buybacks.

Token Sale & Distribution

CoinList Public Sale:

Held from July 31 to August 7, 2025.

Offered 20 million BTR tokens (~2% of total supply), priced between $0.15–$0.20.

Raised up to $4–6 million, depending on allocations and pricing tiers.