𝐁𝐢𝐭𝐥𝐚𝐲𝐞𝐫 & $𝐁𝐓𝐑 𝐏𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞, 𝐑𝐞𝐰𝐚𝐫𝐝𝐬, 𝐚𝐧𝐝 𝐔𝐭𝐢𝐥𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐋𝐚𝐲𝐞𝐫 𝟐 𝐄𝐫𝐚
Governance Voting Your Voice in the Network
Imagine Bitlayer proposes reducing transaction fees by 20%. Ravi, holding 5,000 $BTR, casts his vote in favor. The proposal passes because a majority of token holders agreed. In this process, $BTR acts as your voting ticket, giving you direct influence over network decisions.
Staking for Rewards Earn While Securing the Network
Maya owns 10,000 $BTR. Instead of letting them sit idle, she stakes them into the Bitlayer network. This not only strengthens the network’s security but also earns her monthly staking rewards in the form of additional $BTR tokens.
Everyday Utility Powering Transactions & Smart Contracts
Alex wants to send data or run a smart contract on Bitlayer. To do this, he pays a small transaction fee in $BTR, similar to gas fees on Ethereum. This makes $BTR the essential fuel for all network activity.
Real-World Analogy
Think of Bitlayer as a digital nation and $BTR as its official currency:
You earn it by contributing to the ecosystem (building apps, onboarding users, providing services).
You spend it on network services (transaction fees, premium features).
You use it to vote on the country’s future (governance decisions).
With $BTR, you’re not just a holder you’re an active citizen of the Bitlayer economy.