Why is Babylon Genesis the hub of BTCFi?
Your Bitcoin has been idle for too long; it's time to make it work for you! 💼
Bitcoin is a sleeping giant, with a market cap of about $2 trillion.
The DeFi ecosystem is vibrant but lacks more stable and trustworthy capital.
BTCFi is the key bridge that enables Bitcoin to achieve productivity on-chain.
Babylon Genesis is building the hub for BTCFi, primarily relying on the following three pillars:
1️⃣ Babylon Bitcoin Staking Protocol: Anyone can natively stake BTC (directly from their own wallet!). BTC remains on the Bitcoin network but can provide enhanced support to other chains and earn yields. This is a completely self-custodied, non-custodial staking method and is the cornerstone of BTCFi.
2️⃣ Babylon Genesis Network: The trading hub of BTCFi. This is the first blockchain enhanced by Bitcoin, responsible for coordinating BTC staking, custodial DEX, liquid staking, and lending dApps, and aggregating protocol revenue to distribute to stakers.
3️⃣ Bitcoin Super Network (BSN): Other chains and Rollups can inherit Bitcoin's native advantages by connecting to Babylon Genesis.
BTCFi = Bitcoin Staking + Bitcoin Liquidity + Execution Layer
And Babylon Genesis is the intersection of these three.
Welcome to the era of "Staking is the new HODL."
🥩 ₿
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