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Governance Voting Your Voice in the Network
Imagine Bitlayer proposes reducing transaction fees by 20%. Ravi, holding 5,000 $BTR, casts his vote in favor. The proposal passes because a majority of token holders agreed. In this process, $BTR acts as your voting ticket, giving you direct influence over network decisions.
Staking for Rewards Earn While Securing the Network
Maya owns 10,000 $BTR. Instead of letting them sit idle, she stakes them into the Bitlayer network. This not only strengthens the networkโs security but also earns her monthly staking rewards in the form of additional $BTR tokens.
Everyday Utility Powering Transactions & Smart Contracts
Alex wants to send data or run a smart contract on Bitlayer. To do this, he pays a small transaction fee in $BTR, similar to gas fees on Ethereum. This makes $BTR the essential fuel for all network activity.
Real-World Analogy
Think of Bitlayer as a digital nation and $BTR as its official currency:
You earn it by contributing to the ecosystem (building apps, onboarding users, providing services).
You spend it on network services (transaction fees, premium features).
You use it to vote on the countryโs future (governance decisions).
With $BTR, youโre not just a holder youโre an active citizen of the Bitlayer economy.