Bitlayer, the Layer2 network of Bitcoin, has partnered with six ecological projects to launch the second season of the Head Mining Festival today (27th). In addition to the $1.2 million worth of BTR token rewards, the six ecological projects will also provide generous rewards to users. The following will explain how to participate:
(Summary:
Bitcoin L2》Bitlayer Head Mining Festival officially launched, airdropping a total of over $24 million in value to seven star projects
)
(Background:
Bitcoin L2》Bitlayer launches Ready Player One Popularity Ranking Vote, how to earn points for hidden airdrops?
)
Table of Contents
Reward Introduction
Participation Method
Bitlayer Head Mining Festival Participation Tutorial
About Bitlayer
This article is a sponsored post written and provided by Bitlayer and does not represent the position of the platform, nor does it serve as investment advice, purchase or sale recommendations. Please refer to the responsibility warning at the end of the article.
On June 27th, the second phase of the Bitlayer Head Mining Festival officially landed on OKX Wallet Cryptopedia. The event was jointly launched by Bitlayer, the native Layer2 network of Bitcoin, and six ecological projects including GamerBoom, Macaron, Anome, Vanilla Finance, Avalon Finance, and Zearn. It provides users with $1.2 million worth of BTR rewards and rich ecological project airdrops.
This phase of the Head Mining Festival will last for 5 weeks, from June 27, 2024, 18:00 to July 31, 2024, 18:00 (UTC+8).
Reward Introduction
Bitlayer and the ecological projects will provide generous rewards to participants. In addition to the $1.2 million worth of BTR token rewards, the six ecological projects will also provide generous rewards to users. Specifically:
Gamerboom will provide 150 million $CAPY token rewards and 5 million $CAPY token rewards for users who complete social tasks.
Macaron will provide $200,000 worth of DeFi points.
Anome will provide 1% of the total token rewards, worth over $1 million.
Vanilla Finance will provide 50 million Vanilla points.
Avalon Finance will provide 5,000 Avalon points for each participant, as well as double Avalon points acceleration rights.
Zearn will provide over 40 million $ZEA token rewards to users.
Participation Method
The second phase of the Bitlayer Head Mining Festival will be launched on the OKX Wallet Cryptopedia platform. Users can open OKX Wallet on their computers or mobile devices, go to the Discover page, select Cryptopedia, and find the interactive page for this phase of the event. Then, follow the instructions to complete the corresponding tasks.
To minimize the threshold for users to participate in this phase of the Bitlayer Head Mining Festival, the organizers have set the following tasks for users:
Bitlayer:
Follow the Bitlayer X account, forward the event tweet, and obtain Bitlayer Gas.
Macaron:
Trade at least 5 USDT in the designated 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 Bitlayer chain of the project.
Anome:
Mint any 1 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 of the above tasks and passing the verification will have the opportunity to share the $1.2 million worth of BTR token rewards. Additionally, users who complete one or more tasks and pass the 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 the verification will receive Macaron DeFi points and Vanilla points provided by them.
It is important to note that users should verify their completion of the tasks in a timely manner. Tasks that have been completed but not verified will not receive the 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 the tasks set by the project. The following is a specific cross-chain tutorial:
1. Bitlayer supports users to quickly convert USDT (ERC20/TRC20) to BTC on the Bitlayer chain at the lowest cost. For details, please refer to the tutorial:
https://www.notion.so/bitlayerlabs/Bitlayer-78ab942504a84974a0bb53a95ba55b29
2. If users want to cross-chain their BTC and ETH assets to 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
3. If a user’s funds exceed $50,000, Bitlayer recommends using the official Bitlayer bridge for the operation. For details, please refer to the tutorial:
https://www.notion.so/bitlayerlabs/Bitlayer-a2d19c5ae458429ea8eada56412e72b3
In addition, for the specific participation tutorials of all the projects in this Head Mining Festival, please refer to the following link:
https://www.notion.so/bitlayerlabs/Bitlayer-0b3948d329514b38a3445835dc379223
About Bitlayer
Bitlayer is the first Bitcoin 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.
Bitlayer aims to become the computational layer of Bitcoin, intending to introduce high scalability to Bitcoin while inheriting its security, providing users with a high-throughput, low-cost trading experience.
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Sponsored content disclaimer: The content of this article is a promotional article provided by the contributor. The contributor is not affiliated with the platform, and this article does not represent the position of the platform. This article is not intended to provide any investment or asset advice or legal opinions, nor should it be construed as an offer to purchase, sell, or hold assets. Any services, programs, or tools mentioned in the promotional article are for reference only, and the actual content or rules shall be subject to the announcement or explanation of the contributor. The platform is not responsible for any potential risks or losses. Readers are reminded to conduct their own careful verification before making any decisions or taking any actions.
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