#Bitlay

The BTR token is the native cryptocurrency of the Bitlayer platform, a second layer built on the Bitcoin network aimed at providing fast and efficient scalable smart solutions. Bitlayer relies on BitVM technology, allowing the execution of smart contracts over the Bitcoin network without compromising its security.

BTR is used for several functions within the ecosystem, such as paying transaction fees, participating in governance, and incentivizing developers and users to contribute to the network's growth. Bitlayer also aims to make BTR a key tool in the interaction between users and various protocols on the network.

With the increasing trend towards enhancing Bitcoin's functionalities, BTR represents an opportunity for investors and developers to benefit from the new generation of decentralized finance applications built on Bitcoin.