bitcow

ChainCatcher news, according to the official website of Bitlayer, the native Layer 2 network of Bitcoin, the current total value locked (TVL) on the Bitlayer chain has surpassed 500 million USD, now standing at 534 million USD, with an increase of over 40% in the past 30 days. The top five ecological protocols by Bitlayer TVL are Avalon, Pell Network, bitCow, bitSmiley, and Macaron. According to official data, nearly a hundred ecological projects have been deployed on Bitlayer, with the number of active on-chain transactions exceeding 1 million, making it the fastest-growing Bitcoin Layer 2 in terms of ecosystem growth.Recently, Bitlayer will jointly launch the second phase of the mining festival event with the OKX Web3 wallet, where users can share rewards worth over 1.2 million USD in BTR by experiencing the Bitlayer ecosystem through the OKX Web3 wallet.

ChainCatcher news, the Bitcoin native Layer 2 network Bitlayer has announced the upcoming two-week Mining Gala event, which will take place from May 27 to June 10. The Mining Gala is a token airdrop event initiated by Bitlayer in collaboration with seven project parties: Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo, and Bitparty, with a total token reward value of up to 23.24 million dollars. Most projects are expected to have their TGE within 1 to 2 months.In addition, the seven project parties have committed to distributing 100% of the airdrop rewards obtained from the Bitlayer Dapp leaderboard competition to users. Users can participate in any project interactions, such as adding liquidity, trading, staking, and borrowing assets, to receive dual airdrop rewards from both the projects and Bitlayer. Users can participate in the main event through the Bitlayer official website or join the event on the People's Launchpad platform to obtain an exclusive badge SBT, which can be exchanged for Bitlayer ecological rights in the future.