Bitlayer Head Mining Phase II event officially launched on OKX Wallet Cryptopedia, airdropping BTR rewards worth one million dollars
Bitlayer and ecological projects will provide generous rewards for event participants. In addition to the $1.2 million BTR token reward, six ecological projects will also offer substantial rewards to users.Author: Bitlayer
On June 27, the second phase of the Bitlayer Head Mining Festival officially launched on OKX Wallet Cryptopedia. This event is jointly initiated by the Bitcoin native Layer 2 network Bitlayer and six ecological projects: GamerBoom, Macaron, Anome, Vanilla Finance, Avalon Finance, and Zearn, providing users with $1.2 million worth of BTR rewards, as well as rich airdrops from ecological project parties.
This phase of the Head Mining Festival will last for 5 weeks, from June 27, 2024, 18:00 to July 31, 18:00 (UTC+8).
Reward Introduction
Bitlayer and the ecological projects will provide generous rewards for participants in the event. In addition to the $1.2 million BTR token rewards, the six ecological projects will also offer substantial rewards to users, specifically:
- Gamerboom will provide 150 million $CAPY token rewards, as well as 5 million $CAPY token rewards 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 each participant with 5,000 Avalon points, as well as double 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 in the OKX Wallet Cryptopedia section. Users can open OKX Wallet on their computer or mobile device, go to the discovery page, select Cryptopedia, find the interactive page for this event, and complete the corresponding tasks as prompted.
To minimize the participation threshold for users in this phase of the Bitlayer Head Mining Festival, the event initiators have set the following tasks for users:
- Bitlayer: Follow the Bitlayer X account, retweet the event tweet, and receive Bitlayer Gas.
- Macaron: Trade at least 5 USDT in the specified 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 project's Bitlayer chain.
- Anome: Mint at least one 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 receive daily check-in rewards.
For users, completing any one of the above tasks and passing verification will give them a chance to share in the $1.2 million BTR token rewards. Additionally, users who complete one or more tasks and pass verification will 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 verification will receive the Macaron DeFi points and Vanilla points they offer.
It is important for users to verify promptly after completing tasks; tasks that have been interacted with but not verified will not receive 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 tasks set by the projects. Here is the specific cross-chain tutorial:
- Bitlayer supports users to quickly exchange 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
- If users want to cross BTC and ETH assets into 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
- If a user's fund amount exceeds $50,000, Bitlayer recommends using the official Bitlayer bridge for operations. For details, please refer to the tutorial: https://www.notion.so/bitlayerlabs/Bitlayer-a2d19c5ae458429ea8eada56412e72b3
Additionally, for specific participation tutorials for 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 problem between security and Turing completeness in Bitcoin Layer 2 through cryptographic innovation and blockchain engineering implementation.
Bitlayer aims to become the computing layer for Bitcoin, introducing ultra-scalability while inheriting its security, providing users with a high-throughput, low-cost trading experience.
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