According to Bitlayer official news, the initial public offering (TGE) of BTR tokens is about to start. BTR is the governance token of the Bitlayer ecosystem, with a fixed total supply of 1 billion and an initial circulation of 261.60 million, accounting for 26.16% of the total.
Tokens will be minted on the Bitlayer network and distributed through the Ethereum mainnet and BNB smart chain for cross-chain compatibility. BTR token uses include staking and node voting, on-chain governance, and fee allocation mechanisms.
The token distribution plan is as follows: ecological incentives account for 40%, investors and advisors account for 20.25%, core team accounts for 12%, public distribution accounts for 11%, node incentives account for 7.75%, treasury accounts for 6%, and liquidity accounts for 3%.
Bitlayer Announces 40% of BTR Token Economics for Ecological Incentives
2025-08-26 07:42:35
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