Recently, many people have been asking how to make money with Bitlayer? As a rising star of Layer 2 in the Bitcoin ecosystem, it actually has quite a few profit opportunities. Today, I will break down a few practical directions for everyone, so that beginners can quickly get started~
1. Passive Income: Liquidity mining allows assets to generate income on their own
If you have BTC or BTR in hand, you can definitely try liquidity mining! Deposit coins into the platform's designated liquidity pool, which is equivalent to adding fuel to the trading and operations in the ecosystem. The platform will reward you proportionally~
For example, their BTC Yield protocol is very suitable for beginners. Deposit Bitcoin, and the platform will use these funds for lending and mining other yields, eventually sharing a portion with you. You basically don’t have to worry, just lie back and wait for the income to arrive~
2. Take Advantage: Don’t miss the mining activities
Bitlayer often conducts joint activities with projects in the ecosystem, such as trading, staking, etc. Completing tasks can earn you BTR rewards, which is like free money! In previous collaborations with RollDex and DeSyn Protocol, many people received a lot, so remember to pay attention to official information and don’t miss the opportunities~
3. Advanced Version: Buy low and sell high to earn the price difference (Risk Warning!)
If you are sensitive to the market, you can trade BTR on compliant platforms, buying low and selling high to earn the price difference. But I must remind you: cryptocurrency prices are highly volatile; they can soar in a day or plummet in an instant. You must use spare money to play, so don’t go all in!
4. Technical Stream: Develop applications, receive funding + earn transaction fees
If you are a developer, the opportunity has come! Bitlayer is EVM compatible, allowing you to develop DeFi applications and cross-chain tools using Solidity. You can earn a share of the transaction fees generated by users using your application~ Moreover, the platform has a Booster Grants Program, where excellent projects can receive up to $1 million in funding, which is simply a blessing for tech enthusiasts!
Final emphasis: Cryptocurrencies are not protected by law in the country, and the risks are really high! No matter which method you choose, you must first understand the rules, assess the risks you can bear, and do not blindly follow the trend~ I wish everyone can find their own small opportunities under the premise of safety~
