Bitlayer announces the launch of the Head Mining Festival, with seven major ecological projects offering a total token airdrop valued at over 23 million USD

ChainCatcher News, the Bitcoin native Layer 2 network Bitlayer, announces the Mining Gala event launched in collaboration with seven ecological projects: Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo, and Bitparty. The first Mining Gala will take place from May 27 to June 10, with rewards consisting of exclusive airdrops for the Mining Gala and developer airdrops earned by the seven projects in the Bitlayer Dapp leaderboard competition. Among them, the project parties will provide users with project token airdrops worth over $23.24 million, with most tokens expected to complete their TGE within 1-2 months. In addition, the project parties promise to distribute 100% of the Bitlayer gems they earn in the Bitlayer Dapp leaderboard competition to users. After the leaderboard competition ends, users can exchange the Bitlayer gems they receive for Bitlayer tokens (BTR) at a certain ratio after the TGE.

After the event goes live on May 27, users can log in to the official event page and the People's Launchpad event page to participate. By completing on-chain interaction tasks set by the projects, such as adding liquidity, creating trades, and lending or borrowing assets, users can receive airdrops of the relevant project tokens. After completing tasks on the official event page and sharing the event link, users can also mint the exclusive Mining Gala Pioneer badge for the corresponding project for free, which can be redeemed for Bitlayer ecological rights in the future.