#Bitlayer is the first ZK Rollup Layer2 network based on Bitcoin, which ensures transactions are efficient and secure through zero-knowledge proofs while inheriting the finality of the Bitcoin mainnet. This means that developers can build DeFi, NFT, payment, and other applications on Bitlayer, while users still enjoy Bitcoin-level security. 🚨
The BTR token plays three main roles in the ecosystem:
1️⃣ Staking and Security: Maintaining network security through BTR staking;
2️⃣ Ecosystem Incentives: Supporting DApp development and liquidity mining;
3️⃣ Governance Function: Holders can participate in on-chain voting to determine key upgrade directions. @BitlayerLabs