It is an infrastructure project for Bitcoin that aims to transform BTC from merely a store of value into an active engine in the decentralized finance (DeFi) world, by providing advanced Layer 2 solutions integrated with Binance. It relies on technologies like BitVM Bridge, which converts BTC into YBTC supported by reliable verification mechanisms, without depending on centralized intermediaries. Bitlayer also utilizes a scalable Rollup network with low-cost instant confirmations and supports EVM-compatible smart contracts to facilitate development within a secure environment. Additionally, Binance encouraged users to participate early through Pre-TGE and Booster campaigns that offer BTR token rewards and incentivize early participation @BitlayerLabs #Bitlayerlabs #BitlayerBTCFi #Bitlayer第五周 #bitlayer第六周 #BitlayerBooster