This is the core points and introduction of the BTR project. Everyone can take a look and participate in the BTR project airdrop through the Binance wallet. BTR is the native functional token of the Bitlayer network, serving the first high-performance Rollup solution based on Bitcoin's security architecture. Bitlayer aims to expand the functional boundaries of Bitcoin through technological innovation, building a complete Bitcoin DeFi infrastructure. BTR inherits Bitcoin's computational power guarantee and achieves trust-minimized cross-chain communication through BitVM. It uses optimized ZK technology to achieve low latency and high TPS transaction processing, addressing the performance bottleneck of the Bitcoin mainnet. The key is that it also enables decentralized asset cross-chain between Bitcoin and Layer 2, ensuring users' control over their assets. Transforming Bitcoin into yield-bearing assets, users holding YBTC can automatically earn on-chain rewards (such as lending interest, liquidity mining, etc.), activating the capital efficiency of Bitcoin. It supports modular combinations of applications such as AMM, lending, and derivatives, achieving an Ethereum-level experience in the Bitcoin ecosystem. BTR holders can participate in key decisions such as protocol upgrades and fund allocation. They can pay Layer 2 network gas fees and enjoy discounts. Validators need to stake BTR to maintain network security. Rewards are given to liquidity providers, developers, and early adopters. Protocol revenue (such as part of the transaction fees) can empower the token through buybacks and burns. BTR is a key hub driving the Bitcoin DeFi ecosystem, solving the long-standing dilemma of "value storage but low utility" faced by Bitcoin by enhancing its usability (YBTC earnings), scalability (high-speed Rollup), and interoperability (BitVM bridge), providing on-chain financial scenarios for over a trillion dollars of Bitcoin assets.#bitlaiyer @BitlayerLabs
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