📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
The value of Bitcoin ( BTC ) goes far beyond its price fluctuations, as its potential in the financial sector is gradually emerging. The rise of the BTCFi concept aims to transform Bitcoin into an asset that can participate in Decentralized Finance ( DeFi ) and generate returns. In this wave of innovation, the Bitlayer project plays an important role in accelerating the realization of this vision.
One of the core components of Bitlayer is the BitVM Bridge, which is a new, highly secure BTC cross-chain solution that has been successfully deployed on the mainnet. Meanwhile, the Bitlayer Network, as a high-performance Bitcoin Rollup, combines EVM compatibility and low-latency execution capabilities, providing an Ethereum-like flexible financial application environment for the Bitcoin ecosystem. This design ensures security while effectively addressing performance bottlenecks.
The ecological cooperation scope of Bitlayer is extensive, covering multiple top public chains such as Sui, Base, Arbitrum, and Cardano, as well as large mining pools like Antpool, F2Pool, and SpiderPool. This dual strategy of cross-chain and computing power gives Bitlayer a unique advantage in the BTCFi sector.
The recognition of Bitlayer by the capital markets cannot be ignored. The project has completed a $25 million institutional funding round, led by well-known venture capital firms such as Polychain Capital and Franklin Templeton, highlighting the market's confidence in its development prospects.
Currently, Bitlayer is collaborating with Binance Wallet to launch the second phase of the 'Booster' event, providing users with opportunities to participate and potentially earn BTR coin rewards. With the Pre-TGE (Token Generation Event) approaching, this could be an important time to enter the BTCFi ecosystem early.
The development of BTCFi is paving the way for new application scenarios for Bitcoin, while Bitlayer, as a pioneer in this field, is actively promoting the process of Bitcoin financialization. With more innovations and applications emerging, BTCFi is expected to become the next important growth point in the cryptocurrency sector.