Bitlayer is a Bitcoin Layer 2 solution based on the BitVM paradigm,
designed to enhance the scalability of the Bitcoin blockchain, reduce transaction costs, and introduce smart contract functionality, promoting the application of Bitcoin in decentralized finance (DeFi), NFTs, and gaming, among other fields.
The total supply of the project token $BTR is 2.1 billion, primarily used for ecosystem rewards (incentivizing developers and users), governance (community voting), and network security (staking),
the tokens are currently being distributed intensively, and it is uncertain how the future trend will be, as the Bitcoin L2 track still needs a leading project.
The Bitlayer Booster wallet event is ongoing, and you can also participate in the token airdrop.
