Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitlayer's first mining festival officially ended, and Bitlayer's TVL increased by more than $300 million during the event

Bitlayer's first mining festival officially ended, and Bitlayer's TVL increased by more than $300 million during the event

CointimeCointime2024/06/11 08:34
By:Cointime

The Mining Gala head mining festival, jointly initiated by seven ecological projects including Bitlayer, Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo and Bitparty, on the native second-layer network of Bitcoin, has officially ended. According to official website data, the total lock-up volume (TVL) on the Bitlayer chain reached as high as 450 million US dollars, and during the head mining festival, this indicator increased by 346 million US dollars. The top five projects ranked by TVL are Avalon, Pell, bitCow, bitSmiley, and Enzo. In addition, the number of people paying attention to this head mining festival exceeded 303,000, and the average number of social media account followers of the joint initiators increased by 50,000 during the event. The average number of new user addresses on the seven project chains exceeded 15,000. In addition to providing users with project token airdrops worth more than 24.35 million US dollars, the joint initiators of this head mining festival also promised to distribute 100% of the Bitlayer gems they won in the Bitlayer Dapp list competition to users. Currently, eligible users have free access to the Bitlayer head mining festival mining pioneer exclusive badge for the corresponding project, which can be exchanged for Bitlayer ecological rights in the future. For more information about the Bitlayer head mining festival, please see the original link.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Ethereum Sees $48M Purchase From Trump-Endorsed Crypto Initiative: Future Predictions

World Liberty's Significant Ethereum Purchase: Increasing Treasury Holdings and Attracting Institutional Support

Coineagle2025/01/22 09:55

Will Q1 Trends Propel Ethereum Towards the $3500 Milestone?

Whale Accumulation, Q1 Market Trends, and Ethereum Foundation Shifts: Key Drivers for Ethereum's Potential Surge to $3500

Coineagle2025/01/22 09:55

SEC Appoints Hester Peirce to Cryptocurrency Task Force: The Bullish Development Everyone Expected Could Be Coming Soon

The SEC has appointed cryptocurrency advocate Hester Peirce to head its newly formed cryptocurrency task force. So what happens now?

Bitcoinsistemi2025/01/22 09:44

Investment Giant BlackRock Continues Its Leadership in Both Bitcoin and Ethereum ETFs! Here Are the Details

Both Bitcoin and Ethereum continue to attract institutional capital, with spot exchange-traded funds reporting significant net inflows.

Bitcoinsistemi2025/01/22 09:44