Many people are still unaware that BTC entering the field of smart contracts signifies the opening of a brand new blue ocean. Bitlayer is the channel, and BTR is the engine that drives the network.
In the Bitlayer architecture, BTC is securely locked on L1 and mapped as YBTC on L2, possessing efficient transaction and contract execution capabilities. This dual-layer structure retains the security of Bitcoin's main network while allowing it to have a scalable ecosystem similar to Ethereum. BTR, as the native token, is used for paying gas fees, validator staking, governance voting, and incentive distribution, making it the core asset of the entire economic system.
With the advancement of cross-chain bridge security technology and the implementation of the Bitlayer application ecosystem, the availability of BTC on L2 will continue to increase, directly boosting the demand for BTR. Especially as BTC DeFi gradually matures, BTR may not only possess asset appreciation potential but also bring long-term value through transaction fee sharing and governance rights.
In terms of risks, the BitVM Rollup technology requires more practical validation, and the speed of ecosystem introduction and changes in the competitive landscape are also important factors affecting the value of BTR.
