1/8 A landmark $1B stake transition occurred as a BTC holder moved 10,000 BTC from Phase-1 to Phase-2, now securing the @babylonlabs_io Genesis chain with slashable security.
A massive $1B transition just happened!
At about 4:30am UTC 16th May 2025, the BTC holder who staked 10K BTC ($1B) in Babylon Phase-1 has transitioned their entire stake to Phase-2 and started to provide slashable security to Babylon Genesis through @Lombard_Finance, @SolvProtocol and @Pumpbtcxyz! This brings Babylon Genesis' total registered BTC TVL to 42K+ BTC ($4.3B+).
The success of this transition is a testament to the security offered by the Babylon Bitcoin staking protocol, as well as an affirmation of Babylon’s vision: Generating safe rewards for Bitcoin holders by inventing trustless and self-custodial utility of Bitcoin that can supercharge other decentralized networks.
Check out the details of this transition in the beautiful explorer developed by @Xangle_official
@ethereum @jpmorgan @chainlink @OndoFinance 4/8 @Zcash is now integrated with @NEARProtocol Intents, enabling permissionless swaps across dozens of assets.
@ethereum @jpmorgan @chainlink @OndoFinance @Zcash @NEARProtocol 5/8 @SuiNetwork surpassed $1B in total stablecoin supply across five assets (USDC, FDUSD, AUSD, USDY, BUCK), showcasing accelerating adoption of its DeFi ecosystem.
@ethereum @jpmorgan @chainlink @OndoFinance @Zcash @NEARProtocol @SuiNetwork 6/8 @kofi_finance has launched on @Aptos mainnet, expanding the DeFi landscape.
📢 Ecosystem Spotlight: @Kofi_Finance for Liquid Staking 💧
Kofi Finance is a next-gen liquid staking protocol designed for users to stake their APT with flexibility to better engage with Aptos DeFi. By introducing MEV-sharing and more, Kofi allows users to stake and still have access to a flexible asset that works across the Aptos ecosystem.
Users stake APT and receive liquid tokens (kAPT or stkAPT), representing their staked tokens. These can be used in DeFi protocols for lending, farming, or borrowing—giving users more flexibility.
@ethereum @jpmorgan @chainlink @OndoFinance @Zcash @NEARProtocol @SuiNetwork @kofi_finance @Aptos 7/8 @Obol_Collective introduced the Obol Stack, a modular, plug-and-play framework enabling distributed validator infrastructure and next-gen decentralized apps.
@ethereum @jpmorgan @chainlink @OndoFinance @Zcash @NEARProtocol @SuiNetwork @kofi_finance @Aptos @Obol_Collective 8/8 @cosmoshub stakers now receive boosted $ATOM rewards following Proposal #996.
Proposal #996 passed — $ATOM APR just got a ~1.5% boost! 🚀
Check APR on @mintscanio:
👉
What changed?
Starting May 15, only 2% (down from 10%) of newly minted tokens go to the Community Pool — the rest now go to stakers 📈
Logic: CP already holds sufficient funds ($47M) to support upcoming #Cosmos initiatives, making 2% a reasonable rate for now ⚖️
✅ Stake ATOM here:
51,72 k
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