Bitlayer’s second phase of the Head Mine Festival officially landed on OKX Wallet Cryptopedia on June 27th. The event, jointly launched by the Bitcoin native Layer 2 network Bitlayer and six ecological projects including GamerBoom, Macaron, Anome, Vanilla Finance, Avalon Finance, and Zearn, provides users with $1.2 million worth of BTR rewards and rich ecological project airdrops.
The current Head Mine Festival will last for 5 weeks, from 18:00 on June 27, 2024, to 18:00 on July 31, 2024 (UTC+8).
Reward Introduction
Bitlayer and the ecological projects will provide generous rewards for event participants. In addition to the $1.2 million worth of BTR token rewards, the 6 ecological projects will also provide users with the following rewards:
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 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 2x Avalon points acceleration rights.
Zearn will provide over 40 million $ZEA token rewards for users.
Participation Method
The second phase of the Bitlayer Head Mine Festival will be launched on the OKX Wallet Cryptopedia section. Users can open OKX Wallet on their computers or mobile phones, go to the Discovery page, select Cryptopedia, and find the interactive page for this event to complete the corresponding tasks as instructed.
To minimize the threshold for users to participate in this phase of the Bitlayer Head Mine Festival, the organizers have set the following tasks for users:
Bitlayer: Follow the Bitlayer X account, retweet the event tweet, and obtain 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 Bitlayer chain of this project.
Anome: Forge at least 1 game card on the Bitlayer chain.
Zearn: Deposit at least 1 USDT worth of BTC.
GamerBoom: Join the TG mini-games; complete daily check-ins and forge SBTs to receive daily check-in rewards.
For users, completing any of the above tasks and being verified will have the opportunity to share the $1.2 million worth of BTR token rewards. Additionally, users who complete one or more tasks and are verified will have the opportunity to receive exclusive incentives provided by the respective projects. For example, users who complete the tasks set by Macaron and Vanilla Finance and are verified will receive Macaron DeFi points and Vanilla points.
It is important to note that users should verify their tasks promptly after completion. Tasks that have been completed but not verified will not receive the corresponding rewards.
Bitlayer Head Mine Festival Participation Guide
As the Head Mine Festival officially goes live, users need to transfer their assets to Bitlayer before completing the tasks set by the projects. Here is the specific cross-chain transfer tutorial:
1. 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: [Link to the tutorial]
2. If users want to transfer 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: [Link to the tutorial]
3. If users’ fund size exceeds $50,000, Bitlayer recommends using the official Bitlayer bridge. For details, please refer to the tutorial: [Link to the tutorial]
In addition, for the specific participation tutorials of all projects in this Head Mine Festival, please refer to the following link: [Link to the tutorial]
About Bitlayer
Bitlayer is the first Bitcoin security equivalent Layer 2 based on BitVM. The core goal of Bitlayer is to solve the trade-off dilemma between security and Turing completeness of the Bitcoin Layer 2 through cryptographic innovation and blockchain engineering.
Bitlayer is committed to becoming the computational layer of Bitcoin, aiming to introduce super scalability for Bitcoin while inheriting its security, and providing users with high throughput and low-cost trading experience.
Follow Bitlayer’s updates through the following channels:
Website | Twitter | Discord | Medium | Github | Youtube
