48 hours after Bitlayer’s first mining festival was launched, TVL exceeded 300 million US dollars

According to the official website of Bitlayer, the native layer-two network of Bitcoin, the total value locked (TVL) on the Bitlayer chain has exceeded 300 million US dollars, with the top three protocols in terms of TVL being Avalon, Pell, and bitSmiley. Currently, the Mining Gala event, jointly launched by Bitlayer and seven ecological projects including Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo, and Bitparty, is underway and will continue until June 10th. The event will provide users with project token airdrops worth more than 24.35 million US dollars, and most tokens are expected to complete TGE within 1-2 months. Currently, users can participate in the event by logging into the official event page and People's Launchpad event page and completing on-chain interactive tasks set up by the projects, such as adding liquidity, creating transactions, depositing and borrowing assets, etc., to receive related project token airdrops. After completing the tasks on the official event page and sharing the event link, users can also mint exclusive badges for Bitlayer Mining Gala mining pioneers, which can be exchanged for Bitlayer ecological rights in the future.