galaxy coin price

What is LBTC? The current usage of BTC on-chain is too fragmented: wBTC, BTC.b, sBTC are everywhere, which not only leads to severe centralization but also scatters BTC liquidity! LBTC is an attempt to clarify the source. Its goal is straightforward: To create a truly universal liquid version of BTC that can cross chains, earn interest, connect to DeFi, and be decentralized! All of this comes from Lombard ～ ▰▰▰▰▰ Core Structure ※ 1:1 Backing: LBTC is backed by real BTC, and each LBTC can be redeemed. ※ Native Cross-Chain Support: Not relying on bridges, but directly minted on multiple chains, without fragmentation and centralization. ※ Yield Model: Integrates Babylon staking + Lombard Lux, with multi-layered earnings automatically accumulated. ※ Strong Liquidity: LBTC can be used as collateral to participate in lending, LP, Vault, DEX, and other full-chain activities. ※ Solid Security Structure: Based on a consensus network composed of Figment, Galaxy, Kiln, P2P, etc., rather than custodial institutions or centralized bridges. ▰▰▰▰▰ What benefits do LBTC holders have? If you used to just hold BTC, now: ※ You can redeem BTC anytime without sacrificing liquidity. ※ You can earn Babylon Staking rewards + Babylon points + Lombard rewards + DeFi protocol incentives. ※ You can implement various DeFi strategies such as providing liquidity on DEX, collateralized lending, and automated vaults. ※ You can engage in delta-neutral (hedging) or staking arbitrage strategies. ▰▰▰▰▰ Why are these types of assets important? The market has long needed a unified on-chain interface for BTC: ※ wBTC is too centralized and slow for withdrawals. ※ BTC.b is mostly on Avalanche and not universal. ※ tBTC and sBTC models are too complex and lack liquidity. ※ Ordinals, Runes, and brc20 are not suitable for financial infrastructure. LBTC is the best-designed balance between security structure and financial utility! ▰▰▰▰▰ In summary, if you are a long-term BTC holder, you might want to consider using LBTC to open up a second layer of earning potential. After all, just holding it is no longer the optimal solution in today's on-chain era!

I think $galaxy is in a nice area to accumulate a bag Lot's going on in the background 👀 2rQDZvwGyhGwwqprrfiSmR9qQFBE5hRvNJ6E7Np7jups

3x up on $galaxy CA> CkybXZ6LGuVmyav1JZsLAQ3RR4mcgQoh3UDSJ559mmAK

2x up on $galaxy CA> CkybXZ6LGuVmyav1JZsLAQ3RR4mcgQoh3UDSJ559mmAK

Botanix Labs, the team behind the Botanix Bitcoin Layer 2 announced the launch of the Botanix mainnet today, July 1, per a press release shared with The Defiant. The mainnet is launching with integrations from some familiar faces such as Chainlink and Fireblocks on the infrastructure side, and GMX on the decentralized application (dApp) side. The launch comes shortly after Botanix’s transition to an independent node-led governance and consensus mechanism, making the network a verifiably decentralized Bitcoin Layer 2 (L2). Some of these node operators include the likes of Galaxy, Fireblocks, and Alchemy. The operator set is made up of 16 node operators at launch, and aims to expand beyond 100 operators in 2026. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io