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Bitlayer officially launches BTC Yield

On March 17th, Bitlayer, a project based on the implementation of Bitcoin ecosystem BitVM technology, announced the launch of BTC Yield. The first integrated product is BLBTC, a CeDeFi product created by DeSyn. Users only need to deposit BTC into the basis trading strategy pool to participate in basis trading on multiple platforms including Binance, Jupiter and Hyperliquid. According to the official announcement, the BLBTC comprehensive APR can reach up to 20%, including an estimated 5% -8% BTC quantitative return, an estimated 5% BTR return, and an estimated 7% DSN return. In addition to the corresponding APR revenue provided by the product, Bitlayer also launched a novice-only event. New users who participate in BTC Yield for the first time have the opportunity to receive an additional 10 BTR rewards, with a limited total reward on a first-come, first-served basis. On the basis of ensuring security and transparency, Bitlayer will integrate and support more revenue strategy products in the future, providing more gain opportunities for ecological users and empowering BTCFi.