Bitlalt;xgt;yer launches Dapp ranking competition with first phase of 20 million US dollars in BTR token rewards
Bitcoin L2 project Bitlayer announced that the first Dapp ranking competition of the developer incentive airdrop plan will be officially launched on May 23. The specific event time is from May 23 to June 23. This competition will allocate token airdrops worth US$20 million to projects deployed on the Bitlayer main network based on ecological contribution. All airdrops will be distributed daily in the form of Bitlayer gems and exchanged for Bitlayer Token (BTR) in accordance with the rules after TGE. ). According to the Dapp competition rules, projects can increase Bitlayer's ecological contribution and obtain more Bitlayer gems by increasing TVL, increasing user interaction volume, increasing the number of effective users, and improving the popularity list. In addition, projects can choose to allocate airdrop rewards to participating users. If distributed in full, the rewards earned by the project will be automatically distributed to users after the competition ends. In addition to airdrop rewards, Bitlayer has also set up a USD 2 million listing fund and a USD 100 million liquidity fund to fully support ecological projects. The first Dapp ranking competition is part of Bitlayer’s $50 million token developer incentive airdrop program Ready Player One. After the end of this competition, the remaining token rewards will also be through subsequent ranking competitions and Bitlayer Most Valuable Player (MVP) Plan to distribute
Release time
2024-05-21 10:40:23