#Bitlayer
The Bitlayer token, known as BTR, is the native utility and governance token of the Bitlayer ecosystem, which operates as a Bitcoin Layer 2 network leveraging BitVM and rollup technology for high-security and scalable smart contracts. Here are the key details:
Symbol: BTR
Total Supply: 1 billion tokens
Primary Uses:
Ecosystem Incentives: BTR rewards active developers, users, and partners.
Governance: Holders participate in crucial on-chain decisions such as upgrades, fee structures, and parameter adjustments.
Staking & Node Voting: BTR holders can stake their tokens to help secure the network and participate in node governance
