On June 27th, the second phase of the Bitlayer Mining Festival officially landed on OKX Wallet Cryptopedia. The event, co-sponsored by the Bitcoin native Layer 2 network Bitlayer and six ecological projects including GamerBoom, Macaron, Anome, Vanilla Finance, Avalon Finance, and Zearn, will provide users with $1.2 million worth of BTR rewards and airdrops from the ecological projects.
The festival will last for 5 weeks, from 18:00 on June 27, 2024, to 18:00 on July 31, 2024 (UTC+8).
Rewards
Bitlayer and the ecological projects will offer generous rewards to participants. In addition to the $1.2 million worth of BTR token rewards, the six ecological projects will also provide the following rewards:
Gamerboom will provide 150 million $CAPY token rewards, as well as 5 million $CAPY token rewards for users who complete social tasks.
Macaron will provide $200,000 worth of DeFi points.
Anome will provide 1% of the total token rewards, worth over $1 million.
Vanilla Finance will provide 50 million Vanilla points.
Avalon Finance will provide 5000 Avalon points to each participant, as well as 2x Avalon points acceleration rights.
Zearn will provide over 40 million $ZEA token rewards to users.
Participation
The Bitlayer Mining Festival Phase 2 will be launched on the OKX Wallet Cryptopedia section. Users can open OKX Wallet on their computer or mobile phone, go to the discovery page, select Cryptopedia, and find the interactive page for this event to complete the corresponding tasks as instructed.
To minimize the threshold for users to participate in this phase of the Bitlayer Mining Festival, the organizers have set the following tasks for users:
Bitlayer: Follow Bitlayer X account, retweet the event tweet, and obtain Bitlayer Gas.
Macaron: Trade at least 5 USDT in the specified trading pair (USDT/BTC).
Vanilla Finance: Follow 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: Mint any game card on the Bitlayer chain.
Zearn: Deposit at least 1 USDT worth of BTC.
GamerBoom: Join TG mini-games; complete daily check-in and mint SBTs to get daily check-in rewards.
For users, completing any of the above tasks and being verified will have the opportunity to share the $1.2 million worth of BTR token rewards. In addition, users who complete one or more tasks and are verified 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 are verified will receive Macaron DeFi points and Vanilla points.
It is important to note that users must verify their completed tasks in a timely manner. Tasks that have been completed but not verified will not be eligible for the corresponding rewards.
Bitlayer Mining Festival Participation Tutorial
As the Mining Festival officially launches, users need to cross-chain their assets to Bitlayer before completing the tasks set by the projects. Here are the specific cross-chain tutorials:
1. Bitlayer supports users to quickly exchange USDT (ERC20/TRC20) for BTC on the Bitlayer chain with the lowest cost, details can be found here: [link]
2. For users who want to cross-chain BTC and ETH assets to Bitlayer, they can use third-party bridges such as Meson, Owlto, and Orbiter, details can be found here: [link]
3. For users with assets exceeding $50,000, Bitlayer recommends using the official Bitlayer bridge, details can be found here: [link]
In addition, for specific participation tutorials for all projects in this Mining Festival, please refer to the following link: [link]
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 between security and Turing completeness of Bitcoin Layer 2 through cryptographic innovation and blockchain engineering.
Bitlayer aims to introduce super scalability to Bitcoin while maintaining its security, providing users with a high-throughput, low-cost trading experience.
Stay updated on Bitlayer through the following channels:
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