Bitlayer officially launches BTC Yield, with its first product achieving an APR of up to 20%

BlockBeats News: On March 17th, Bitlayer, a project based on the Bitcoin ecosystem BitVM technology, announced the launch of BTC Yield. The first integrated product is BLBTC, a CeDeFi product created by DeSyn. Users only need to deposit BTC into the basis trading strategy pool to participate in basis trading on multiple platforms including Binance, Jupiter, and Hyperliquid. According to official announcements, the BLBTC comprehensive APR can reach up to 20%, which includes an estimated 5% -8% BTC quantitative return, an estimated 5% BTR return, and an estimated 7% DSN return. In addition to the corresponding APR earnings provided by the product, Bitlayer has also launched a beginner exclusive activity, where new users who participate in BTC Yield for the first time have the opportunity to receive an additional 10 BTR rewards, with limited total rewards available on a first come, first served basis. On the basis of ensuring security and transparency, Bitlayer will integrate and support more revenue strategy products in the future, providing more gain opportunities for ecological users and empowering BTCFi.