OKX Launches Bitlayer-Themed ‘Cryptopedia Season 20’ Featuring a BTR Token Prize Pool Worth 1.2 Million USDT

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SINGAPORE, June 28, 2024 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for June 28, 2024.

OKX Launches ‘Cryptopedia Season 20’ Featuring a BTR Token Prize Pool Worth 1.2 Million USDT

OKX has launched Season 20 of Cryptopedia, featuring a reward pool worth 1.2 million USDT in BTR tokens. This season’s Cryptopedia campaign is themed around Bitlayer, a pioneering Layer 2 solution for Bitcoin, based on the BitVM paradigm.

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Running from June 27 to July 31, Season 20 of Cryptopedia consists of a total of 8 tasks, with each task completion making participants eligible for the prize pool. Each task may also have separate rewards in the form of points, tokens or other incentive mechanisms.

Tasks include following Bitlayer on social media, Bitlayer gas usage and interacting with dApps within the Bitlayer ecosystem – such as:

• Trading on Macaron

• Depositing funds into Vanilla Finance

• Supplying BTC to Avalon’s Bitlayer chain

• Minting on Anome

• Depositing BTC on Zearn

• Playing GamerBoom

Further details on how to participate in Season 20 of Cryptopedia can be found here.

Bitlayer’s primary objective is to resolve the compromise between security (trustlessness) and Turing completeness in Bitcoin’s second layer through innovative cryptographic solutions and blockchain protocol engineering. Bitlayer is dedicated to serving as the computational layer for Bitcoin, with a vision to introduce ultra-scalability to Bitcoin while preserving its inherent security. This aims to provide users with a high-throughput, low-cost transactional experience.

OKX’s Cryptopedia is a learn-to-earn platform that allows users to interact with dApps, discover promising projects and earn rewards while learning about the blockchain ecosystem. The platform regularly launches events centred around different networks in collaboration with project partners.

For more information, please visit the OKX Support Center.

For further information, please contact:
[email protected]

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

• OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.

• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.

• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.

• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival and Olympian Scotty James.

OKX also regularly publishes articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.

To learn more about OKX, download our app or visit: okx.com

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