Bitcoin News Today: Binance Wallet Unveils Bitlayer Pre-TGE with 2% Token Allocation 3% in Booster Program as Lock-Up Periods Begin

Generated by AI AgentCoin World
Friday, Jul 25, 2025 7:30 am ET1min read
BNB
--
BTC
--
Aime RobotAime Summary

- Binance Wallet launches Pre-TGE and Booster Program for Bitlayer (BTR), allocating 5% of tokens to active users with 61+ Alpha Points.

- Pre-TGE offers 2% of BTR supply at $0.02/BNB with 3 BNB max, while Booster Program rewards task completion with 3% of tokens.

- Bitlayer aims to expand Bitcoin's DeFi capabilities via Layer 2 infrastructure, using BTR tokens for governance and staking.

- Lock-up periods until TGE prevent speculative dumping, aligning with Binance's strategy to foster early engagement with blockchain projects.

Binance Wallet has announced a new initiative aimed at engaging users with the Bitlayer (BTR) project, offering early access to its native token through a Pre-Token Generation Event (Pre-TGE) and a parallel Booster Program. Both programs require participants to hold at least 61 Alpha Points, a metric reflecting engagement within the Binance ecosystem. The Pre-TGE allows users to subscribe to 2% of BTR’s total supply (20 million tokens) at $0.02 per token, paid in

BNB
, with a maximum contribution of 3 BNB per user. The Booster Program allocates 3% of the total supply (30 million BTR tokens) to users who complete specific tasks within the Binance Wallet app. Tokens from both programs are subject to lock-up periods until the Token Generation Event (TGE), the date of which remains unannounced [1].

The Pre-TGE operates on a first-come, first-served basis, with token allocations proportional to contributions. Tokens from the Booster Program will be distributed during a vesting period tied to task completion. These mechanisms aim to incentivize user activity while aligning token distribution with project milestones. Participants must update their Binance Wallets and review campaign rules before committing funds [1].

Bitlayer, a

Bitcoin
Layer 2 infrastructure project, seeks to enhance Bitcoin’s scalability and utility through smart contracts and DeFi integration. The project leverages BitVM technology to enable programmable functionality on Bitcoin, expanding its use cases beyond traditional transactions. BTR tokens serve dual roles as governance and utility assets, enabling staking, node voting, and fee adjustments within the ecosystem [1].

Eligibility for both programs is determined by Binance Alpha Points, which users accumulate through wallet activity such as transaction volume, app engagement, and campaign participation. The exact participation threshold for the Pre-TGE will be disclosed closer to the event. Lock-up periods are standard in token generation events, designed to prevent speculative dumping and stabilize tokenomics [1].

Binance’s involvement reflects its strategy to foster early-stage engagement with emerging blockchain projects. By leveraging its wallet platform, the exchange provides a structured pathway for users to align with projects like Bitlayer before broader market exposure. This aligns with Bitcoin’s evolving role as a programmable asset, though long-term success will depend on Bitlayer’s technical execution and adoption rates [1].

Participants are advised to weigh the benefits of early access against the constraints of lock-up periods and market risks. For those aligned with Bitcoin’s DeFi potential, Bitlayer’s initiatives represent a strategic opportunity to engage with a project aiming to redefine Bitcoin’s capabilities through layered infrastructure [1].

Source:

[1] [Bitlayer Pre-TGE Launch is Few Hours Away on Binance Wallet]

https://www.coingabbar.com/en/crypto-currency-news/bitlayer-pre-tge-launch-few-hours-away-binance-wallet?srsltid=AfmBOorma-IcCZ4DaoKF-bORAlZJBp-OmVCqLxPc4EWMNg0YB1pUKSrD

[2] [Bitlayer Airdrop and Pre-TGE: How to Join via Binance Wallet]

https://chainplay.gg/blog/bitlayer-binance-wallet-airdrop-pre-tge/