The Bitlayer first phase mining festival event is officially launched, with a total airdrop value of over 24 million USD from seven major star projects

On May 27, Bitlayer, together with seven ecological projects including Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo, and Bitparty, officially launched the Mining Gala event. This event will provide users with token airdrop rewards worth over $24.35 million, along with more opportunities to earn generous rewards.

Event Duration

This event will last for two weeks, from May 27 to June 10.

Reward Pool

The rewards for this event consist of two parts:

• Exclusive airdrop for the Mining Gala: The project team will provide users with project token airdrops worth over $24.35 million, with most tokens expected to complete their TGE within 1-2 months.
• Airdrop for the Bitlayer Dapp leaderboard competition: The project team promises to distribute 100% of the Bitlayer gems they earn in the Bitlayer Dapp leaderboard competition to users. After the leaderboard competition ends, users who interact with any participating project can exchange the Bitlayer gems they earn for Bitlayer tokens (BTR) at a certain ratio after TGE.

How to Participate

Users can log in to the exclusive event page for the Bitlayer Mining Gala and complete the corresponding tasks according to the process.

• Official Mining Gala event page (specific event link: https://www.bitlayer.org/mining-gala): According to the interaction tasks set by the project, as long as users engage in various on-chain interactions such as adding liquidity, creating transactions, and lending assets, they can earn airdrop eligibility for the corresponding project and participate in the corresponding reward pool distribution. In addition, users must complete at least one task set by a single project and share it with their friends to mint the exclusive Mining Gala Pioneer badge for the corresponding project for free.
• People's Launchpad event page (specific event link: https://launchpad.ally.build/zh-CN): Some projects will set interaction tasks on this platform. As long as users complete the corresponding tasks, such as following social media accounts, inviting new users, and engaging in various specified on-chain interactions, they can participate in the corresponding reward pool distribution.

Bitlayer Mining Gala Participation Guide

With the official launch of the Mining Gala, users can participate in the token airdrop distribution provided by the project team by increasing their on-chain activity. Here are the preparations users need to make before participating in the Mining Gala:

1. Bitlayer supports users to quickly deposit funds, converting USDT (ERC20/TRC20) into BTC on the Bitlayer chain. The specific guide is: https://www.notion.so/bitlayerlabs/Bitlayer-78ab942504a84974a0bb53a95ba55b29

2. If users want to transfer BTC and ETH assets to Bitlayer, they can use a third-party bridge. The specific guide is:

https://www.notion.so/bitlayerlabs/Bitlayer-115f159aeedf45ebadea38bb47a2dd7d

3. If the amount of funds being transferred is greater than $50,000, it is recommended to use the official bridge to transfer BTC to Bitlayer. The specific guide is: https://www.notion.so/bitlayerlabs/Bitlayer-a2d19c5ae458429ea8eada56412e72b3

Additionally, for participation guides for each project in this Mining Gala, please check the link: https://www.notion.so/bitlayerlabs/Bitlayer-0b3948d329514b38a3445835dc379223

About Bitlayer

Bitlayer is the first Layer 2 that is a Bitcoin secure equivalent based on BitVM. The core goal of Bitlayer is to solve the trade-off problem between security and Turing completeness in Bitcoin Layer 2 through cryptographic innovation and blockchain engineering.

Bitlayer aims to become the computing layer for Bitcoin, introducing ultra-scalability while inheriting its security, providing users with a high-throughput, low-cost transaction experience.