Bitlayer announces BTR token economics: 40% for ecosystem incentives, 7.75% for node incentives

According to Bitlayer, the initial public offering (TGE) of the BTR token is about to begin. BTR is the governance token of the Bitlayer ecosystem, with a fixed total supply of 1 billion and an initial circulation of 261.6 million (26.16% of the total supply). The token will be minted on the Bitlayer network and distributed via the Ethereum mainnet and the BNB Smart Chain, enabling cross-chain compatibility. BTR token uses include staking and node voting, on-chain governance, and a fee distribution mechanism. The token distribution plan is as follows: 40% for ecosystem incentives, 20.25% for investors and advisors, 12% for the core team, 11% for public distribution, 7.75% for node incentives, 6% for the treasury, and 3% for liquidity.