🪙 $BTR Token — Core Facts

• Native asset of the Bitlayer ecosystem.

• Total supply: 1 billion $BTR.

Primary functions:

• Ecosystem incentives — rewards for developers, users, and partners driving growth.

• Governance — holders vote on proposals, parameters, and protocol upgrades.

🏗 Bitlayer’s Technical Identity

• First Bitcoin‑security‑equivalent Layer‑2 using the BitVM paradigm.

• Integrates zero‑knowledge proofs for Turing‑complete smart contracts on Bitcoin.

• Real‑time EVM (RtEVM) engine with parallel execution for low‑latency dApps.

• BitVM Bridge — trust‑minimized (1‑of‑N “existential honesty”) BTC gateway.

📜 Early Milestones

• Seed round: $5 M raised, led by Framework Ventures & ABCDE Capital.

• Series A: $20 M led by Polychain & Franklin Templeton.

• Founders from Huobi, Polygon, Polkadot — with track records in multi‑billion‑TVL chains.

🚀 Recent & Upcoming (2024–2025)

• Dec 2024 — BitVM Bridge testnet live.

• Feb 2025 — Unmint & reclaim functions launched.

• May 2025 — Mainnet staging with Peg‑BTC (YBTC) integration.

• H2 2025 — Multi‑chain expansion beyond Bitcoin.

• DApp Center & Racer Center — gamified adoption hubs.

🌐 Why $BTR Matters

• Security — inherits Bitcoin’s proof‑of‑work trust model.

• Utility — fuels transactions, staking, governance, and ecosystem rewards.

• Interoperability — bridges Bitcoin with EVM‑based DeFi.

• Adoption flywheel — incentives + gamification to onboard users at scale.

#Bitlayer @BitlayerLabs