🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
1️⃣ #TokenOfLove# | Festival Ticket Giveaway
Cheer for your idol on Gate Square! Pick your favorite star — HyunA, SUECO, DJ KAKA, or CLICK#15 — and post with SingerName + TokenOfLove hashtag to win one of 20 music festival tickets.
Details 👉 https://www.gate.com/post/status/13217654
2️⃣ #GateTravelSharingAmbassadors# | Share Your Journey, Win Rewards
Gate Travel is now live! Post with the hashtag and sha
Bitcoin has long been regarded as "digital gold," quietly resting in a Cold Wallet. However, the emergence of Bitlayer has brought revolutionary changes to this situation. Through innovative technology, Bitlayer has injected new vitality into Bitcoin, transforming it from a mere storage asset into a "live" asset that can generate income.
This groundbreaking project has attracted the attention of top investment institutions, including Polychain and Franklin Templeton. Bitlayer leverages BitVM technology to successfully transform Bitcoin from a static asset into a dynamic cash flow source. This not only appeals to traditional financial giants but also provides ordinary investors with a low-threshold opportunity to participate.
Currently, approximately 14 million Bitcoins are in circulation globally, with a market value of around $2.8 trillion at current prices. However, this enormous wealth has been in a "sleeping" state for a long time, and aside from price fluctuations, it is difficult to generate additional returns. This situation is not due to holders' unwillingness to profit, but rather a lack of suitable tools. Traditional cross-chain solutions either have security risks (for example, the multi-signature custody model of WBTC has led to over $1 billion in stolen funds) or are difficult to apply widely due to high transaction fees (the transaction fee for a single transfer on the Bitcoin mainnet can reach $50).
Bitlayer's innovation precisely addresses this long-standing problem that has plagued the industry. Franklin Templeton is a typical case; this institution, managing $15 trillion in assets, has achieved a stable annual return of 6.5% by utilizing Bitlayer's YBTC (pegged 1:1 to Bitcoin) for staking through its cryptocurrency fund, a return that even exceeds that of purchasing government bonds. Moreover, some aggressive family offices have exchanged 30% of their Bitcoin for YBTC, reasoning that they can maintain exposure to Bitcoin price increases while also obtaining stable monthly cash flow.
The emergence of Bitlayer not only provides institutional investors with new investment channels but also creates new opportunities for ordinary investors to participate in the Bitcoin ecosystem. This innovation is expected to drive Bitcoin from being merely a store of value to a more liquid and practical financial tool, bringing profound impacts to the entire cryptocurrency industry.