#Bitlayer @BitlayerLabs BTR is the native cryptocurrency of Bitlayer, a Layer 2 scalability solution for Bitcoin. Utilizing BitVM's shared sequencer technology, BTR powers the Bitlayer ecosystem, offering low transaction fees and high speed. Its design allows for the construction of decentralized applications (dApps) on the Bitcoin network, without compromising security.

As a utility token, BTR is used to pay gas fees and participate in governance. This is crucial for the sustainability and growth of the ecosystem. As Bitlayer expands its functionalities, the role of BTR becomes increasingly important in the integration and scalability of the Bitcoin ecosystem, offering new possibilities for developers and users.