Bitlayer, a Bitcoin Layer 2 network, has launched the second season of its Head Mining Festival in collaboration with six ecological projects. In addition to a reward of $1.2 million worth of BTR tokens, the six ecological projects will also provide generous rewards to users. The following will explain how to participate:
(Background:
Bitcoin L2 “Bitlayer” Head Mining Festival officially launched, seven star projects airdrop worth over $24 million)
Table of Contents
Reward Introduction
Participation Method
Bitlayer Head Mining Festival Participation Tutorial
About Bitlayer
This article is a sponsored post written and provided by Bitlayer. It does not represent the views of the platform and is not investment advice, nor is it a recommendation to buy or sell. See the end of the article for responsibility warning.
On June 27th, the second phase of the Bitlayer Head Mining Festival officially landed on OKX Wallet Cryptopedia. The event was jointly launched by Bitlayer, a native Bitcoin Layer 2 network, and six ecological projects including GamerBoom, Macaron, Anome, Vanilla Finance, Avalon Finance, and Zearn. It provides users with $1.2 million worth of BTR rewards and rich ecological project airdrops.
This phase of the Head Mining Festival will last for 5 weeks, from June 27th, 2024, 18:00 (UTC+8) to July 31st, 18:00 (UTC+8).
Reward Introduction
Bitlayer and the ecological projects will provide generous rewards to participants. In addition to the $1.2 million worth of BTR token rewards, the six ecological projects will also provide substantial rewards to users. Specifically:
GamerBoom will provide a reward of 150 million $CAPY tokens, and an additional reward of 5 million $CAPY tokens for users who complete social tasks.
Macaron will provide $200,000 worth of DeFi points.
Anome will provide a token reward of 1% of the total supply, worth over $1 million.
Vanilla Finance will provide 50 million Vanilla points.
Avalon Finance will provide 5,000 Avalon points to each participant, as well as double the Avalon points acceleration rights.
Zearn will provide users with over 40 million $ZEA token rewards.
Participation Method
The second phase of the Bitlayer Head Mining Festival will be launched on the OKX Wallet Cryptopedia platform. Users can open OKX Wallet on their computer or mobile device, go to the Discover page, select Cryptopedia, and find the interactive page for this event. Follow the instructions to complete the corresponding tasks.
To minimize the threshold for user participation in this phase of the Bitlayer Head Mining Festival, the organizers have set the following tasks for users:
Bitlayer:
Follow the Bitlayer X account, retweet the event tweet, and obtain Bitlayer Gas.
Macaron:
Trade at least 5 USDT in the designated trading 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 this project.
Anome:
Mint at least 1 game card on the Bitlayer chain.
Zearn:
Deposit BTC worth at least 1 USDT.
GamerBoom:
Join the TG mini-game, complete daily check-ins, and mint SBTs to obtain daily check-in rewards.
For users, completing any of the above tasks and passing the verification will have the opportunity to share the $1.2 million worth of BTR token rewards. Additionally, users who complete one or more tasks and pass the verification 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 the verification will receive Macaron DeFi points and Vanilla points.
It should be noted that users should verify in a timely manner after completing the tasks. Tasks that have been completed but not verified will not receive the corresponding rewards.
Bitlayer Head Mining Festival Participation Tutorial
With the official launch of the Head Mining Festival, users need to cross-chain their assets to Bitlayer before completing all the tasks set by the projects. Here are the specific cross-chain tutorials:
1. Bitlayer supports users in quickly exchanging USDT (ERC20/TRC20) for BTC on the Bitlayer chain at the lowest cost. For details, please refer to the tutorial:
https://www.notion.so/bitlayerlabs/Bitlayer-78ab942504a84974a0bb53a95ba55b29
2. If users want to cross-chain their BTC and ETH assets to Bitlayer, they can use third-party bridges such as Meson, Owlto, and Orbiter. For details, please refer to the tutorial:
https://www.notion.so/bitlayerlabs/Bitlayer-115f159aeedf45ebadea38bb47a2dd7d
3. If a user’s funds exceed $50,000, Bitlayer recommends using the official Bitlayer bridge. For details, please refer to the tutorial:
https://www.notion.so/bitlayerlabs/Bitlayer-a2d19c5ae458429ea8eada56412e72b3
In addition, for the specific participation tutorials of all projects in this Head Mining Festival, please check the following 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 between security and Turing completeness in Bitcoin Layer 2 through cryptographic innovation and blockchain engineering.
Bitlayer is dedicated to becoming the computational layer of Bitcoin, aiming to introduce super scalability to Bitcoin while maintaining its security, and providing users with a high-throughput, low-cost transaction experience.
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Disclaimer: The content of this article is a promotional article provided by the contributor, and the contributor has no relationship with the platform. The article does not intend to provide any investment or asset advice or legal opinions, nor should it be regarded as an offer to purchase, sell, or hold assets. Any services, plans, or tools mentioned in the promotional article are for reference only, and the actual content or rules shall be subject to the announcement or explanation by the contributor. The platform does not take responsibility for any possible risks or losses. Readers are reminded to carefully verify before making any decisions or actions.