Bitlayer Launches Official BTC Yield, with APR up to 20%

Bitlayer Launches Official BTC Yield, with APR up to 20%

On March 17th , Bitlayer announced the official launch of its BTC product, integrating the first yield product launched by DeSyn, BLBTC, with an APR up to 20%. In addition to earning yield on this product, new users will have the opportunity to obtain additional BTR rewards.

In the future, Bitlayer BTC will launch more yield profit strategies for users to choose from, ensuring security and transparency, while maximizing profits.

Live link: https://www.bitlayer.org/btcfi

I. Product Introduction

1. About BLBTC

BLBTC is a CeDeFi product launched by DeSyn, designed for BTC holders. Users only need to deposit BTC into the basis trading strategy pool, after which they can participate in Binance, Jupiter and Hyperliquid ecosystems. These multiple platforms offer basis trading, allowing users to easily obtain the benefits brought by arbitrage opportunities, with an APR up to 20% for maximizing BTC profits.

2. Income Analysis

Product revenue will be composed of the following 3 parts, with the specific information and distribution rules as follows:

BTC Quantitative Income Details

  • The expected APR is 5% - 8%;
  • Yield settlement is expected approximately every 30 days, with a settlement time of about seven days. The specific time may be adjusted according to the concurrent situation;
  • After APR settlement completion, users can make claims on the BTC Yield page.

BTR Revenue Details

  • The expected APR is 5%;
  • When issued, BTR APR will be converted into the corresponding number of tokens according to the TGE price;
  • The specific distribution time and method will be announced in official Bitlayer channels in the future.

DSN Revenue Details

  • The expected APR is 7%;
  • When finally issued, DSN APR will be converted according to the TGE price, into the corresponding number of tokens;
  • The specific distribution time and method will be announced through official channels later, please stay tuned.

3. Limit description

The upper limit of the first pool of the BTC Yield product is 600 BTC, and will finish when fully distributed.

II. Getting Started

After the launch of the BTC Yield, new users who deposit any amount in the treasury for the first time will immediately receive a token reward of 10 BTR.

Please note: This novice reward is limited, and operates on a first come first served for the first 10,000 participating users!

III. Operation Instructions

  1. Visit the BTC Yield page: https://www.bitlayer.org/btcfi, connect your wallet, click STAKE;

  2. Enter the amount of BTC you want to deposit, click STAKE, and complete the on-chain signature;

  3. Wait for the yield distribution date, click CLAIM, and receive your APR rewards;

  4. To redeem, click REDEEM to complete the redemption.

IV. Product Security

Comprehensive risk control system

  • Independent and reliable risk control systems;
  • Quantitative risk control;
  • Multi-dimensional, real-time monitoring.

Complete risk control strategy

  • Outlier risk monitoring;
  • Asset diversification and leverage control.
  • Long-short balance, and internal control guarantee.

Compliance and trust

  • Compliance operation that meets global regulatory requirements.
  • Investor funds are managed by a third-party custodian and stored in an independent custodian account.

V. Risk Warning

  • BTC Yield integrated fund products are operated by independent third parties. Bitlayer has no right to interfere or modify their operations;
  • The income, rewards and other information displayed by Bitlayer are all from third parties and do not constitute Bitlayer’s own commitment or statement;
  • The actual APR, rewards and other conditions may be unilaterally adjusted by a third party at any time. Users are responsible for managing their own risk;
  • By using the relevant services, you acknowledge that Bitlayer is not responsible for any direct or indirect losses.

About DeSyn

DeSyn Protocol is a decentralized liquidity infrastructure on Web3, dedicated to empowering investors, project parties, and security companies to jointly invest, build, and manage. It provides low-risk, high-return returns through a single investment, and aggregates airdrop rewards from various DeFi protocols and public chains. The DeSyn team has professional knowledge and talents in the fields of finance, technology, and blockchain, and with rich experience in financial technology and crypto, promotes innovation and leads the development of the DeFi field.

About Bitlayer

Bitlayer is pioneering the first BitVM implementation. By merging unparalleled security with a lightning-fast smart contract engine, Bitlayer unlocks the full potential of Bitcoin DeFi.

Bitlayer is committed to an open and collaborative Bitcoin DeFi ecosystem, working with partners to advance BTC Bridge, Bitcoin Layer 2 and BitVM stack, driving the future of secure, scalable, and programmable Bitcoin finance.

More From The Collection

Previous
Next