Binance Web3 Wallet and Bitcoin Layer 2 Project BEVM Team Up for Exclusive Airdrop

Binance Web3 Wallet and BEVM have launched an exclusive airdrop event, providing users with the opportunity to earn BEVM tokens by completing three on-chain tasks through Binance Web3 Wallet. Notably, this collaboration marks the first airdrop event between Binance Wallet and a Bitcoin Layer2. BEVM has allocated 0.5% of its total token supply for this airdrop, with a total of 10,500,000 BEVM tokens up for grabs. Participants can earn BEVM tokens by bridging $BTC to BEVM, creating a position in Satoshi Protocol, and completing daily check-ins on BEVM. The airdrop event is accessible through Binance Web3 Wallet, and users can follow the provided instructions to participate.

Binance Web3 Wallet Announces Joint Airdrop Event with Bitcoin Layer 2 Project BEVM

Binance Web3 Wallet, the official crypto wallet of the Binance ecosystem, has announced a collaboration with BEVM, an EVM-compatible Bitcoin Layer 2 project, to launch an exclusive airdrop event for both platforms' users.

This airdrop event marks the first of its kind between Binance Web3 Wallet and a Bitcoin Layer 2 project, underscoring the growing significance of Layer 2 solutions in the cryptocurrency landscape.

BEVM: An Overview

BEVM is an innovative blockchain platform that introduces an EVM-compatible Layer 2 solution for Bitcoin. This architecture enables developers to seamlessly build and deploy decentralized applications (dApps) on the Bitcoin blockchain, leveraging the security, stability, and liquidity of the world's first and largest cryptocurrency.

BEVM's groundbreaking technology stack leverages the Taproot Consensus, a novel protocol built upon the Bitcoin Taproot upgrade. Taproot Consensus harnesses the power of Schnorr Signatures, MAST Contracts, and Bitcoin Light Node Networks to realize multi-signature custody, code-based aggregation of signatures, and decentralized cross-chain transactions and management.

This advanced technical foundation has propelled BEVM to the forefront of Bitcoin Layer 2 solutions, with over 600,000 user addresses on its mainnet within a week of its launch. BEVM's unparalleled advantages in native Bitcoin technology, decentralization, and implementation make it a compelling choice for developers and users seeking to extend the capabilities of the Bitcoin ecosystem.

Airdrop Details

As part of this collaboration, BEVM has allocated 0.5% of its token supply, valued at 10,500,000 BEVM tokens, for airdrop distribution to eligible Binance Web3 Wallet users. To participate in the event, users are required to complete three simple tasks on the BEVM platform via Binance Web3 Wallet:

1. Bridge $BTC to BEVM: Transfer Bitcoin (BTC) from the Bitcoin main chain to the BEVM chain.
2. Create Position in Satoshi Protocol: Create a position within the Satoshi Protocol, a decentralized trading protocol built on BEVM.
3. Daily Check-In on BEVM: Visit the BEVM platform daily and perform a check-in to demonstrate active participation.

User Participation Guide

Users interested in participating in the airdrop event can follow the steps outlined below:

1. Set Up Binance Web3 Wallet: Ensure you possess a Binance account and download and install the Binance Web3 Wallet.
2. Access Event Page: Navigate to the airdrop event page via the Binance Web3 Wallet.
3. Complete Tasks: Follow the instructions provided on the event page to complete the three required tasks.

Additional Resources

For further assistance and detailed instructions, users can refer to the following resources:

• Tutorial video: https://youtube.com/watch?v=link-to-video
• BEVM blog post: https://blog.bevm.io/binance-web3-wallet-bevm-exclusive-airdrop/

About BEVM

BEVM's mission is to bridge the gap between Bitcoin and the broader blockchain ecosystem, enabling the development and deployment of dApps on the Bitcoin Layer 2. With its innovative cross-chain interoperability, enhanced data integrity, and robust consensus mechanism, BEVM empowers developers to unlock the full potential of the Bitcoin ecosystem.

BEVM's commitment to decentralization, community governance, and open-source development ensures the long-term sustainability and growth of its platform. The team behind BEVM comprises seasoned blockchain engineers, financial professionals, and academics, who bring a wealth of experience and expertise to the project.

Contact Information

For further inquiries and support, please contact the BEVM team at [email protected]