六出纷飞
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1000 BTR Airdrop: Upgrading Bitcoin from 'Gold Bar' to 'Engine' in the Layer 2 Paradigm
🧧 Understand in one sentence
The same BTC can participate in lending, market making, clearing, and derivatives on Bitlayer with faster settlement and lower fees; when wanting to exit, it can be redeemed back to the mainnet according to the rules. BTR turns all of this into a closed loop: one end is execution and fee collection, and the other end is sorting staking and governance incentives.
Why now
The stock of BTC and the degree of institutionalization continue to rise, but the native programmable capabilities are weak, interaction costs are high, and cross-domain friction is large. Bitlayer's goal is to combine Bitcoin's security commitments with EVM-level composability to unlock dormant capital efficiency; BTR, as an economic and security hub, allows the network's 'growth' and 'steady state' to coexist.
The same BTC can participate in lending, market making, clearing, and derivatives on Bitlayer with faster settlement and lower fees; when wanting to exit, it can be redeemed back to the mainnet according to the rules. BTR turns all of this into a closed loop: one end is execution and fee collection, and the other end is sorting staking and governance incentives.
Why now
The stock of BTC and the degree of institutionalization continue to rise, but the native programmable capabilities are weak, interaction costs are high, and cross-domain friction is large. Bitlayer's goal is to combine Bitcoin's security commitments with EVM-level composability to unlock dormant capital efficiency; BTR, as an economic and security hub, allows the network's 'growth' and 'steady state' to coexist.
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