The new TEG event is here! Previously, there was some airdrop related to @BitlayerLabs , which may not be much, but did everyone manage to take advantage of it?

In a while, this part will be unlocked in TEG, and then a new phase will be released. The rewards are expected to include a pork knuckle rice dish, which is also the most important new project.

Looking at it, you could share a few hundred thousand dollars, it should be around 10 to 20 USD.

Currently, according to the fundraising price on Conlist, it should be between 0.15 to 0.2, with a market value of around 50 million. The profit does not seem significant, but it is worth everyone's effort.

Let’s go, brothers!

Let me introduce this project. Bitlayer is a Bitcoin Layer-2 protocol built on the BitVM architecture, aiming to introduce smart contracts and DeFi capabilities to the Bitcoin ecosystem while maintaining the core security attributes and decentralization advantages of Bitcoin.

BitVM Machine: No need to modify the Bitcoin consensus mechanism, using "fraud proofs" to verify complex computation results on-chain.

BitVM Bridge: A trusted minimal bridge protocol that allows BTC to be securely bridged to Bitlayer Rollup, obtaining programmable Peg-BTC for DeFi applications.

Rollup architecture integration: Bitlayer provides a smart contract execution layer (Turing complete), delivers fast finality, and unifies security models for bridging and Rollup.

Project background and ecosystem

Founded in 2023, headquartered in Singapore, Bitlayer is committed to building scalable and secure Bitcoin Layer-2 infrastructure, with a total locked value (TVL) exceeding 550 million USD, supporting about 300 active BTCFi projects and a community of over 700,000 users.

Bitlayer has collaborated with multiple projects, such as Plume Network (RWA lending), Sonic (SVM applications based on Solana), etc., introducing cross-chain interoperability through BitVM Bridge.

Bitlayer's core mission is to evolve Bitcoin from a "value network" into a "complete financial ecological platform," expanding various application scenarios such as DeFi, gaming, RWA, etc., while maintaining the security and decentralized characteristics of Bitcoin. #Bitlayer