Imagine Bitlayer as a futuristic digital city built on Bitcoin’s unbreakable foundation:
BTR is its official currency — you earn it by helping build and improve the city (developers, users, dApps), and you use it to pay for governance, transactions, or VIP features.
The city’s growth passes through several phases:
Phase 1 — The city is established (PoS with Solidity-powered buildings).
Meet Bitlayer ($BTR): The Next-Gen Bitcoin Layer-2
1. What is Bitlayer? Bitlayer is a Layer-2 protocol built upon BitVM rollup technology, extending Bitcoin’s renowned security into smart contract and dApp territory. As the first fully EVM-compatible rollup for Bitcoin, it empowers developers to deploy Ethereum-style applications on Bitcoin’s secure foundation.
2. Why It Stands Out
Unlike alternatives like Lightning (which lacks smart contracts) or Stacks (which requires learning a new programming language), Bitlayer gives developers familiar Solidity tools and Ethereum infrastructure to build on Bitcoin securely.
It aims to deliver up to 20,000 TPS (Transactions Per Second) in later phases — a remarkable performance leap for Bitcoin’s ecosystem.
3. Token: BTR
Total Supply: 1 billion BTR tokens.
Primary Functions:
Incentives — rewarding builders, users, and partners.
Governance — BTR holders shape the ecosystem through voting.
Tokenomics (as shared by Coin Engineer):
80% for liquidity / smart contract execution
15% for ecosystem growth and marketing
5% reserved for advisors and listings
4. Roadmap & Progress
Phase 1 (Mainnet V1, PoS): Launched April 2024 — introduced EVM compatibility and multisignature PoS security.
Pre-Token Generation Event (Pre-TGE): Hosted on Binance Wallet, offering 20 million BTR (2% of supply) at $0.02 per token via BNB subscriptions (max 3 BNB). Sterics apply (Binance Alpha Points requirement, over-subscription model).
Booster Program (Airdrop): Offers 30 million BTR (3% of supply) as rewards for completing tasks. Begins July 24, 2025, for users with sufficient Binance Alpha Points. Includes vesting and unlock schedule.
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