The Story of Bitlayer ($BTR ) - BitVM-Based L2 for Native BTC 💡*
Bitlayer unlocks trust-minimized BTC smart contracts! 🔐 BTR drives Bitlayer, the first BitVM-powered Bitcoin L2 delivering EVM compatibility with $BTC as gas. What's your take on Turing-complete apps verified by Bitcoin miners? 🤔 #Bitlayer #BTR #Bitcoin
BTR is staked by sequencers, pays for L2 execution, and governs upgrades 🌟. Bitlayer uses BitVM to challenge fraudulent state transitions directly on Bitcoin L1, so bridges aren’t needed. Deposit native BTC, trade perps, mint NFTs, and use dApps with 2-second finality while settlement inherits BTC security. With $280M+ TVL, Bitlayer turns Bitcoin into the base layer for a full DeFi stack. As BTC demand for programmability grows, BitVM L2s like Bitlayer make “wrapped BTC” obsolete 🚀.