The second phase of the Bitlayer First Mining Festival is officially launched on OKX Wallet Cryptopedia, airdropping BTR rewards worth millions of dollars

On June 27, the second phase of the Bitlayer First Mining Festival was officially launched on OKX Wallet Cryptopedia. The event was jointly initiated by Bitcoin's native second-layer network Bitlayer and six ecological projects including GamerBoom, Macaron, Anome, Vanilla Finance, Avalon Finance and Zearn, providing users with BTR rewards worth $1.2 million and abundant airdrops from ecological projects.

This first mining festival event will last for 5 weeks, from 18:00 on June 27, 2024 to 18:00 on July 31 (UTC+8).

Reward Introduction

1. Bitlayer and ecological projects will provide generous rewards for event participants. In addition to the $1.2 million worth of BTR token rewards, 6 ecological projects will also provide generous rewards to users, specifically:

2. Gamerboom will provide 150 million $CAPY token rewards, and 5 million $CAPY token rewards for users who complete social tasks

3. Macaron will provide DeFi points worth $200,000

4. Anome will provide 1% of the total token rewards, worth more than $1 million

5. Vanilla Finance will provide 50 million Vanilla points

6. Avalon Finance will provide each participant with 5,000 Avalon points, as well as 2x Avalon points acceleration rights

7. Zearn will provide users with more than 40 million $ZEA Token Rewards

How to Participate

The second phase of the Bitlayer First Mining Festival will be launched on the Cryptopedia section of OKX Wallet. Users can open OKX Wallet on a computer or mobile phone, enter the discovery page, select Cryptopedia, find the interactive page of this activity, and follow the prompts to complete the corresponding tasks.

In order to minimize the threshold for users to participate in this Bitlayer Mining Festival, the event organizer has set the following tasks for users:

Bitlayer: Follow the Bitlayer X account, forward the event tweet, and obtain Bitlayer Gas

Macaron: Trade at least 5 USDT of the specified currency pair (USDT/BTC)

Vanilla Finance: Follow the Vanilla X account and deposit at least 10 USDT on the platform

Avalon Finance: Deposit at least 0.0001 BTC on the Bitlayer chain of the project

Anome: Cast at least 1 game card on the Bitlayer chain

Zearn: Deposit at least 1 USDT worth of BTC

GamerBoom:Join the TG mini-game; complete daily sign-in and mint SBTs to get daily sign-in rewards

For users, users who complete any of the above tasks and pass verification will have the opportunity to share $1.2 million worth of BTR token rewards. In addition, users who complete one or more tasks and pass verification will have the opportunity to receive exclusive incentives provided by the corresponding projects. For example, users who complete the tasks set by Macaron and Vanilla Finance and pass verification will receive the Macaron DeFi points and Vanilla points they provide.

It should be noted that users are requested to verify in time after completing the task. Tasks that have been completed but not verified will not receive corresponding rewards.

Bitlayer First Mining Festival Participation Tutorial

With the official launch of the First Mining Festival, users need to cross-chain their assets to Bitlayer before completing all the tasks set by the project. The following is a specific cross-chain tutorial:

1. Bitlayer supports users to quickly exchange USDT (ERC20/TRC20) for BTC on the Bitlayer chain at the lowest cost. For details, please reference tutorial.

2. If users want to transfer BTC and ETH assets to Bitlayer, they can use third-party bridges such as Meson, Owlto and Orbiter for operation. For details, please refer to the tutorial.

3. If the user's fund volume is greater than 50,000 US dollars, Bitlayer recommends operating through the Bitlayer official bridge. For details, please refer to the tutorial.

In addition, for the specific participation tutorials of all projects in this first mining festival, please check the following link.

About Bitlayer

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

Bitlayer is committed to becoming the computing layer of Bitcoin, aiming to introduce hyper-scalability to Bitcoin while inheriting its security and providing users with a high-throughput, low-cost transaction experience.

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