[Bitlayer Sponsored] Bitlayer positions itself as a Bitcoin DeFi infrastructure with the goal of bringing high security, scalability, and practical applications to BTC 📌 #BTR TGE will take place on August 27 🔑 Some highlights: - Launch of BitVM Bridge – decentralized BTC bridge with challenge verification mechanism - Raised $30 million from funds such as Polychain Capital, Franklin Templeton, Framework Ventures, ABCDE - Connect with many major blockchains: Solana, Sui, Avalanche, Arbitrum, Monad, Plume, Cardano... - Cooperate with 3 large mining pools (Antpool, F2Pool, SpiderPool) - accounting for nearly 40% of Bitcoin network hashrate Bitlayer aims to build high-performance Bitcoin Rollup, contributing to the formation of Layer 2 ecosystem for BTC Follow Bitlayer to stay updated with developments in the BTCFi space #Bitlayer @BitlayerLabs 🌐 bitlayer.org
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