Particle Network: Users can claim bitSmiley token allocation before May 13

ChainCatcher news, the modular L1 project Particle Network announced that the activity of the Bitcoin ecosystem DeFi solution bitSmiley on The People's Launchpad has ended, with over 600,000 independent participants. Users can claim the allocation of bitSmiley tokens BIT before 8 PM on May 13. To complete the claim, users need to spend BTC on Bitlayer, and all unclaimed allocations will be forfeited.

In addition, it stated that the bitSmiley team will distribute its tokens by the end of June 2024, and once the distribution date is determined, it will announce the official BIT statement.

According to the Web3 asset data platform RootData, Particle Network is a modular L1 blockchain that powers chain abstraction by creating universal accounts, providing users with a single address and interaction point across chains while extracting gas and unifying liquidity. This enables existing L1 and L2 to coordinate seamlessly across ecosystems.