The first phase of the Bitlayer mining festival has officially ended, and during the event, Bitlayer's TVL increased by over 300 million dollars

2024-06-11 15:33:56

Collection

ChainCatcher message, the Mining Gala event initiated by the Bitcoin native Layer 2 network Bitlayer in collaboration with seven ecological projects: Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo, and Bitparty has officially concluded. According to official website data, the total locked value (TVL) on the Bitlayer chain reached a peak of 450 million USD, with an increase of 346 million USD during the Mining Gala. The top five projects by TVL are Avalon, Pell, bitCow, bitSmiley, and Enzo. Additionally, the number of participants in this Mining Gala exceeded 303,000, and during the event, the average increase in followers for the social accounts of the co-organizers was 50,000, with an average of over 15,000 new user addresses added across the seven projects.

In this Mining Gala event, the co-organizers not only provided users with project token airdrops worth over 24.35 million USD but also promised to distribute 100% of the Bitlayer gems earned from the Bitlayer Dapp leaderboard competition to users. Currently, eligible users have minted the exclusive badges for the Bitlayer Mining Gala pioneers for the corresponding projects for free, which can be redeemed for Bitlayer ecological rights in the future.

(Source Link)

Related tags

Bitlayer TVL Head Mining Festival

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.