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Bitlayer officially launches BTC Yield

On March 17, it was reported that Bitlayer, a project based on the implementation of Bitcoin ecosystem BitVM technology, announced the launch of BTC Yield. The first product integrated is the CeDeFi product BLBTC created by DeSyn. Users only need to deposit BTC into this basis trading strategy pool to participate in basis trading on multiple platforms including Binance, Jupiter and Hyperliquid. According to the official announcement, the comprehensive APR of BLBTC can reach up to 20%, which includes an estimated quantitative revenue of 5%-8% of BTC, an estimated 5% of BTR revenue, and an estimated 7% of DSN revenue. In addition to the corresponding APR revenue provided by the product, Bitlayer has also launched a newbie exclusive activity. 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, provide more gain opportunities for ecological users and empower BTCFi.

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