Bitlayer officially launches the BTR Token airdrop starting at 18:00 on August 27 Beijing time, lasting for 30 days with various reward forms.
The airdrop is for BTR Holders, Gems, Points in Racing Center, winners of community events, and participants in the Bitlayer ecosystem activities with partners. The reward unlocking mechanism is clearly defined, enhancing the effectiveness and sustainability of the ecosystem.
MAIN CONTENT
Bitlayer conducts the BTR Token airdrop starting on August 27, lasting 30 days.
The rewards apply to holder groups and event participants, with a detailed unlocking mechanism.
The tokenomics structure of BTR consists of 40% for ecosystem incentives and 7.75% allocated for node incentives.
What does Bitlayer announce about the BTR airdrop program?
Bitlayer officially implements the BTR Token airdrop from 18:00 on August 27 Beijing time, lasting for 30 days, to expand participation from the community and ecosystem.
This program aims to encourage many member groups including BTR Holders, Gems, Points in Racing Center, winners of community events, and users active in the Bitlayer ecosystem along with partners. This is how Bitlayer promotes user engagement and enhances Token value.
A clear organization time ensures that all eligible participants can experience and receive rewards transparently and with a plan.
How will the BTR airdrop rewards be unlocked?
The BTR Token unlocking mechanism is designed to be divided by types of rewards, aiming to balance flexibility and stability of the ecosystem.
Rewards from Super Racing and community events will be unlocked 100% at the Token Generation Event (TGE). Meanwhile, points accumulated in Racing Center and rewards from partner events will be unlocked 80% at TGE, with the remaining distributed after 6 and 12 months, respectively.
This method minimizes the selling pressure on Tokens after rewards are received, while encouraging users to participate long-term and contribute to the ecosystem's activities.
How is the Token economics (tokenomics) of BTR made public by Bitlayer?
Bitlayer announces the tokenomics structure of BTR to ensure a balance between ecosystem development and network operation.
Accordingly, 40% of the total supply is used as incentive rewards in the ecosystem to promote participation and community development. 7.75% is allocated for node incentives to ensure stability and security in network operations.
This allocation detail shows that Bitlayer focuses on building a technical foundation along with a sustainable ecosystem in the long term.
"The allocation of BTR Token rewards aims at balancing community development and maintaining a stable network, ensuring the sustainable value of the Token."
- Bitlayer spokesperson, August 2024, official press release
Frequently Asked Questions
1. When does the BTR airdrop start and how long does it last?
The airdrop starts at 18:00 on August 27 (Beijing time) and lasts for 30 days.
2. Who is eligible to receive BTR Tokens in this airdrop?
Holders of BTR, Gems, Points in Racing Center, winners of community events, and participants in Bitlayer's ecosystem activities with partners.
3. How is the BTR Token unlocking mechanism?
Community event rewards are unlocked 100% at TGE; Racing Center points and partner events unlock 80% at TGE, with the remaining unlocking after 6 and 12 months.
4. What is the allocation ratio of BTR tokenomics?
40% is used for ecosystem incentives, 7.75% is allocated for node incentives to ensure the network operates stably.
5. What is the purpose of the BTR airdrop program?
Encouraging community participation, increasing stability, and promoting the long-term development of the Bitlayer ecosystem.
Source: https://tintucbitcoin.com/bitlayer-cong-bo-chi-tiet-airdrop-btr/
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