The first product of BTC Yield, launched by Bitlayer based on the implementation of BitVM technology in the Bitcoin ecosystem, was fully subscribed within 47 hours.

It is understood that the first product integrated in this section by Bitlayer is the CeDeFi product BLBTC developed by DeSyn. Users who deposit BTC can earn quantitative BTC returns, as well as returns from BTR and DSN, with a combined APR of up to 20%. The total limit for this product is 600 BTC, which has now been fully subscribed. According to the official announcement, in addition to the corresponding APY returns provided by the product, new users participating in Bitlayer BTC Yield for the first time also have the opportunity to receive an additional reward of 10 BTR as a beginner bonus, with a limited total reward available on a first-come, first-served basis. Based on ensuring security and transparency, Bitlayer will integrate and support more yield strategy products in the future, providing more opportunities for growth to ecosystem users and empowering BTCFi.