Bitlayer (BTR) is the native token powering the Bitlayer network, a Bitcoin Layer-2 solution that enables EVM-compatible smart contracts, decentralized finance (DeFi), and cross-chain functionality through a BitVM-based rollup system. BTR plays a central role in the platform’s governance, allowing token holders to vote on key decisions and protocol settings. It also supports staking, contributing to validator participation and network security. The token incorporates a “Fee Switch” feature, enabling flexible allocation of transaction fees—such as rewarding stakers or executing buybacks—based on community governance. The total token supply is limited to 1 billion, promoting long-term ecosystem development. @BitlayerLabs #Bitlayer