An inventory of Bitlayers projects in the second phase of the first mining festival. Are there any potential dark horses?

Original author: Vivian

Bitlayer is a Bitcoin security-equivalent Layer 2 solution based on the BitVM paradigm, dedicated to becoming the computing layer of Bitcoin, providing Bitcoin security equivalence and Turing completeness.

With the recent launch of the developer airdrop and the first mining festival, Bitlayer is undoubtedly the fastest growing and most popular Bitcoin L2 in the recent ecosystem. According to the official website data (https://www.bitlayer.org/), the current total locked value (TVL) on the Bitlayer chain exceeds 530 million US dollars, which not only exceeds the old Bitcoin L2 such as Stacks and Rootstock, but also far exceeds the emerging L2 projects such as BOB and B².

On June 27, the second phase of the Bitlayer First Mining Festival was officially launched on OKX Cryptopedia and will last until July 31. The participants of this phase of the event include six ecological projects, including GamerBoom, Macaron, Vanilla Finance, Anome, Avalon Finance and Zearn. It is understood that in addition to providing users with $1.2 million worth of Bitlayer native token $BTR rewards, the other six ecological projects also provide users with a wealth of points, tokens and other rewards. Currently, the event is open to users (https://www.okx.com/zh-hans/web3/discover/cryptopedia/event/37).

The following is a summary of the important information about the second phase of the Bitlayer Mining Festival for your reference.

GamerBoom

GamerBoom is a Web3 gaming social platform that aims to empower players to monetize their gaming data through advanced AI integration and gamification incentive layers. GamerBoom is committed to enhancing player engagement, breaking down the barriers between Web2 and Web3 games, and providing players with a seamless experience between the two types of games, allowing players to enjoy the benefits of blockchain technology while enjoying games such as League of Legends and Apex Legends.

During the Genesis test phase, GamerBoom’s on-chain transaction volume exceeded 2.4M and attracted 955K registered users. In the coming months, GamerBoom plans to expand to other blockchains, launch new gamification features, and host various community-driven events.

In addition, the GamerBoom team is composed of industry veterans, including serial entrepreneurs, top developers, and token economy experts, who have extensive experience in large-scale product operations and in-depth Web3 knowledge. Currently, GamerBoom has completed its seed round of financing, and has received strong support from institutions and investors such as DFG/Jsquare, Suji Yan (founder of Mask Network), and CryptoJ, and has reached cooperation with teams such as OKX Wallet, Linea, Bitlayer, Ancient 8, and Gamefi.org.

GamerBoom official website link: https://www.gamerboom.org/

GamerBoom Twitter link: https://twitter.com/Gamerboom_

Macaron

Macaron is the first native DEX on Bitlayer, providing users with a series of tools, including liquidity farming, staking incentives, trade-to-earn, airdrops, etc. to increase user benefits. The projects mission is to bring more user base and higher liquidity to the Bitcoin ecosystem.

From the project roadmap, Macaron has a clear plan, specifically:

Phase 1: With the rapid development of the Bitlayer ecosystem, Macaron will support Bitlayer ecosystem assets with high liquidity, user-incentive profit mechanisms, and CEX-like trading experience. With the large-scale adoption of Bitlayer and the continuous construction of the ecosystem, Macaron will become the first platform to undertake user and capital flows.

Phase 2: By integrating and bridging other Bitcoin L2s, Macaron is committed to becoming a leading trading platform for all major Bitcoin assets, introducing more high-quality assets including Runes and Ordis to users.

Phase 3: By connecting the EVM ecosystem, Macaron will bring a higher level of traffic and traction to the Bitlayer ecosystem and the Bitcoin ecosystem. In this phase, Macaron will open a window for the EVM protocol and its users into the prosperous Bitcoin world.

According to the data, Macaron’s current TVL is approximately US$30 million, ranking fifth on the Bitlayer TVL list.

Macaron official website link: https://www.macaron.xyz/#/

Macaron Twitter link: https://x.com/macarondex

Vanilla Finance

Vanilla Finance is the only decentralized exchange that allows users to buy 1 Bitcoin with only $10. Vanilla can list all tokens at any time and support up to 10,000x leverage without slippage, meeting the needs of both novice and experienced traders through high leverage and unique prediction models. Vanilla Finance aims to further increase the efficiency and security of the DeFi ecosystem and provide users with a more transparent, stable and efficient trading environment.

It is understood that Vanilla Finance has been deployed to Bitlayer.

Vanilla Finance official website link: https://bit.vanillafinance.xyz/en/points

Vanilla Finance Twitter link: https://x.com/VanillaFinance

Avalon Finance

Avalon Finance is the ultimate solution to unlock trillions of dollars of BTC, providing the first CeDeFi lending platform, allowing BTC holders to trust custody services while unlocking BTC liquidity and earning interest in DeFi. Avalon Finance aggregates all liquidity and introduces a variety of assets including BTC, ERC 20, BRC 20, BTC ETF, and real-world assets (RWA).

Currently, Avalon Finance’s products include CeDeFi BTC lending and DeFi lending (for ERC 20, BRC 20, and RWA assets).

As of now, Avalon Finance has received support from Matrixport Venture, SNZ Capital, Summer Ventures, ViaBTC and Paka. In addition, KAKA, Degen Pool, CSPDAO and others have also participated in the investment.

The project’s co-founders have diverse traditional finance backgrounds, including private equity and hedge funds, and the technology and market teams are led by industry veterans with over 10 years of DeFi experience.

According to the data, Avalon Finance’s current TVL is $339M, ranking first on the Bitlayer TVL list.

Avalon Finance official website link: https://www.avalonfinance.xyz/

Avalon Finance Twitter link: https://x.com/avalonfinance_

Anome

Anome is an NFT derivative asset issuance and lending platform that cuts into the full-chain game scenario. It is committed to helping users unlock the liquidity and value of NFT assets by building a closed-loop ecosystem that integrates DeFi, NFTFi, and GameFi, and becoming the worlds largest NFT mortgage agreement by TVL. Anomes NFT Brawl game is the worlds first AI-driven, UGC, collectible, full-chain card game that supports ERC 404 assets. Players can improve their combat capabilities and get more game fun by training the game AI.

Anome brings together top talents from the fields of Web3 games, DeFi, artificial intelligence, Web3 investment, etc. The co-founder team has rich entrepreneurial experience, has successfully promoted Web3 projects to well-known centralized exchanges, and has achieved outstanding results in private equity and Web3 investment. The product technology development team is composed of experienced Web3 game developers, DeFi project developers and AI PhDs from Tsinghua University, with strong technical strength and innovation capabilities. In addition, Anome has also received strong support from well-known incubators, and has received all-round assistance in brand promotion and global community building.

It is understood that Anome has received investments from well-known VCs such as Hash Global venture Capital, Web3 CSDN, Infinity Ventures Crypto, Tonx Studio, Initiate Capital, and has received strong support from teams such as Ton Foundation, Hashkey NFT, Google Cloud, and BSquared Network.

Anome official website link: https://b2.anome.xyz/

Anome Twitter link: https://x.com/Anome_Official

Zearn

Zearn is a multi-chain ecological protocol that supports users to pledge and re-pledge and obtain returns.

Zearn was initially built in the ZetaChain ecosystem (formerly known as ZetaEarn, which was rebranded to Zearn on May 10 this year), and the project has now been deployed to Bitlayer.

Zearn official website link: https://www.zearn.xyz/

Zearn Twitter link: https://x.com/Zearn_Protocol

Conclusion

Overall, the capital and time costs of participating in this Bitlayer First Mining Festival are relatively low. In order not to miss out on potential projects, everyone can try to participate and win event rewards.

In addition, Bitlayer’s recent developer incentives and user airdrop activities have attracted widespread attention from the community. With the support of team funds and ecological resources, let us wait and see whether more dark horse projects will emerge in the future.