Bitlayer Releases BTR Token Economics, Initial Issuance About to Start

According to news from HashiChain, the uses of the BTR token include staking and node voting, on-chain governance, and fee distribution mechanisms. The token distribution plan is as follows: ecological incentives account for 40%, investors and advisors account for 20.25%, core team accounts for 12%, public distribution accounts for 11%, node incentives account for 7.75%, treasury accounts for 6%, and liquidity accounts for 3%. Reports indicate that Binance Alpha and Binance Contracts will launch Bitlayer (BTR) on August 27.