PANews reported on October 29 that Bitlayer, a native second-layer Bitcoin project based on Bitcoin finality, announced that the third phase of the First Mining Festival was officially launched. This First Mining Festival was jointly initiated by Bitlayer and five ecosystems including RollDex, DeSyn Protocol, Avalon, Jasper Vault and Lorenzo. Through daily treasure chest opening and random dropping of a certain number of $BTR tokens, a total of 10 million $BTR rewards will be distributed to event participants. In addition to the $BTR treasure chest, project parties participating in this event will also provide corresponding project points, tokens, NFTs and other generous rewards to give back to active community users.

At present, the Bitlayer First Mining Festival event has been officially launched and will continue until November 30, 2024. Users can now log in to the Bitlayer official website or other official cooperation portals, including UXUY Wallet, OKX Web3, Freee.xyz, Trusta Labs, OneKey, Ave.ai, Gate Web3, TokenPocket and FoxWallet and other platforms to complete the social and on-chain interaction tasks set by the official and ecological projects, and you can get a certain number of treasure chests for free and participate in the division of 10 million $BTR token rewards.