On July 24, 2025, Binance introduced the Bitlayer Booster Program, allocating 30 million BTR tokens to incentivize participation among users with 61 or more Alpha Points.
Launch of the Bitlayer Booster Program
The Bitlayer Booster Program introduces a total of 30 million BTR tokens, equivalent to 3% of its total supply. The main goal of the launch is to attract users holding 61 or more Alpha Points in their wallets. This initiative uses BitVM technology to enhance decentralized finance activities on Bitcoin's Layer 2.
Integration with Bitcoin's Layer 2
Many early-stage protocols, similar to Bitlayer, initiate token vesting events like the Bitlayer Booster to engage early users. These strategies often mimic successful rollouts seen with Arbitrum and zkSync.
Growth Prospects for Bitcoin-based DeFi
The integration of smart contracts through Bitcoin Layer 2, as seen with Bitlayer, could facilitate decentralized finance growth despite the absence of BTC or ETH within this event. An expansion of Bitcoin-based DeFi is anticipated upon broad ecosystem adoption.
The launch of the Bitlayer Booster Program reflects Binance's strategic focus on developing DeFi on Bitcoin. Further development of this initiative is expected in the context of smart contract integration and community interest in decentralized finance.
