On May 27th, Bitlayer, together with Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo, and Bitparty, seven ecological projects, officially launched the Mining Gala event. This event will provide users with token airdrop rewards worth over $24.35 million, as well as more opportunities to earn generous rewards.
Event Duration
This event will last for two weeks, from May 27th to June 10th.
Reward Pool
The rewards for this event consist of two parts:
- Exclusive airdrop for the Mining Gala event: The projects will provide users with a total of over $24.35 million worth of project tokens, with most tokens expected to complete TGE within 1-2 months.
- Bitlayer Dapp Leaderboard Competition airdrop: The projects promise to distribute 100% of the Bitlayer Gems they receive in the Bitlayer Dapp Leaderboard Competition to users. After the competition ends, users who interact with any of the projects will be able to exchange the received Bitlayer Gems for Bitlayer tokens (BTR) at a certain ratio after TGE.
Participation Method
Users can log in to the exclusive event page for the Bitlayer Mining Gala at https://www.bitlayer.org/mining-gala and complete the corresponding tasks according to the process.
- Official Mining Gala event page (specific activity link: https://www.bitlayer.org/mining-gala): According to the tasks set by the projects, as long as users engage in various on-chain interactions such as adding liquidity, creating transactions, and depositing/borrowing assets, they can qualify for the corresponding project's airdrop according to the rules and participate in the corresponding reward pool allocation. In addition, users who complete at least one of the tasks set by a single project and share it with their friends can forge the exclusive badge for the Bitlayer Mining Gala Mining Pioneer for the corresponding project for free.
- People's Launchpad activity page (specific activity link: https://launchpad.ally.build/zh-CN): Some projects will set interaction tasks on this platform, and as long as users complete the corresponding tasks, such as following social accounts, inviting new users, and engaging in various specified on-chain interactions, they can participate in the corresponding reward pool allocation.
Bitlayer Mining Gala Participation Tutorial
With the official launch of the Mining Gala, users can participate in the distribution of token airdrops provided by the projects by increasing on-chain activity. Here are the preparations users need to make before participating in the Mining Gala:
Bitlayer supports lightning deposits, allowing users to quickly exchange USDT (ERC20/TRC20) for BTC on the Bitlayer chain. The specific tutorial is available at: https://www.notion.so/bitlayerlabs/Bitlayer-78ab942504a84974a0bb53a95ba55b29
If users want to transfer BTC and ETH assets to Bitlayer, they can use a third-party bridge for the transfer. The specific tutorial is available at: https://www.notion.so/bitlayerlabs/Bitlayer-115f159aeedf45ebadea38bb47a2dd7d
If the amount of funds transferred by the user exceeds $50,000, it is recommended to use the official bridge to transfer BTC to Bitlayer. The specific tutorial is available at: https://www.notion.so/bitlayerlabs/Bitlayer-a2d19c5ae458429ea8eada56412e72b3
In addition, for the participation tutorials for each project in this Mining Gala, please refer to the link: https://www.notion.so/bitlayerlabs/Bitlayer-0b3948d329514b38a3445835dc379223
About Bitlayer
Bitlayer is the first Bitcoin secure equivalent Layer 2 based on BitVM. The core goal of Bitlayer is to solve the trade-off dilemma between security and Turing completeness in Bitcoin Layer 2 through cryptographic innovation and blockchain engineering.
Bitlayer aims to be the computational layer of Bitcoin, introducing super scalability to Bitcoin while maintaining its security, and providing users with a high-throughput, low-cost transaction experience.
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