Bitlayer's first mining festival was launched for 48 hours, TVL broke through 300 million US dollars

On May 29th, according to the official website of Bitcoin's native two-layer network Bitlayer, the total lock-up volume (TVL) on the current Bitlayer chain has exceeded 300 million US dollars, of which the top three protocols in TVL are Avalon, Pell and bitSmiley.
At present, the Mining Gala Head Mining Festival jointly initiated by Bitlayer and seven ecological projects, Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo and Bitparty, is underway and will last until June 10. The event will provide users with a total value of more than $24.35 million of project tokens to be airdropped, and most tokens are expected to complete the TGE within 1-2 months. At present, users can log in to the official event page and the People's Launchpad event page to participate in the event, and complete the on-chain interaction tasks set by the project, such as adding liquidity, creating transactions, depositing and borrowing assets, etc., to get the token airdrop of related projects. After users complete tasks and share activity links on the official event page, they can also cast the exclusive badge of the corresponding project Bitlayer Head Mining Festival mining pioneer for free, which can be exchanged for Bitlayer ecological rights in the future.