Bitlayer is the BTC L2 project I am most passionate about, having raised $25M from: Polychain Capital, Franklin Templeton.

The project is quite generous, allocating a significant amount of tokens for incentives to attract developers, dapps, and the community to support and build the ecosystem.

TVL of $450M is also quite impressive.

If I have the money, I will buy more Lucky Helmet to wait for the airdrop. In addition, the BTCFi event, where participants can claim $BTR daily, will end on January 25.

TGE is expected in Q1 2025. I calculated (counted crabs) and found that the supply is 1B, which means the price per token is $0.3 based on the Series A valuation.

@BitlayerLabs