Babylon Staked BTC
Bitcoin Variant
Staking Derivative
Babylon Staked BTC refers to Bitcoin staked directly on the Bitcoin blockchain through the Babylon protocol to secure Proof-of-Stake (PoS) networks. This innovative approach allows Bitcoin holders to earn rewards by locking their BTC in a self-custodial manner, without wrapping, bridging, or third-party custody. By enabling PoS chains to leverage Bitcoin's security, Babylon enhances BTC's utility in the decentralized finance (DeFi) ecosystem.
Status & Details
Active
Custody
Non Custodial
Peg Mechanism
One To One
Available On
babylon