Bitlayer’s $BTR token serves as the native utility and governance token of the Bitlayer ecosystem, a cutting-edge Bitcoin Layer-2 network that brings scalability, smart contracts, and DeFi to the Bitcoin blockchain. With a fixed total supply of 1 billion tokens, BTR is designed for multiple core functions—staking, governance, transaction fee settlement, and incentivizing active participation. Network validators and delegators stake BTR to help secure the system and, in return, earn rewards. Token holders also enjoy governance rights, enabling them to vote on important decisions such as protocol upgrades, parameter adjustments, and community proposals. Powered by BitVM-based rollup technology, Bitlayer combines Bitcoin’s robust security with fast, low-cost transactions, making it ideal for complex decentralized applications. As the foundation of Bitlayer’s ecosystem, $BTR plays a pivotal role in driving adoption, fostering innovation, and expanding Bitcoin’s capabilities beyond simple value transfer into a full-fledged decentralized financial infrastructure.