Powering the next wave of BTCFi: @babylonlabs_io’s new flagship Trustless Bitcoin Vault
After activating more than $10b in Bitcoin, the Babylon team has just announced its next breakthrough → Trustless Bitcoin Vault
What is it:
• Allows native BTC to interact with any DeFi protocol regardless of blockchain or rollup
• No bridging, wrapping and completely trustless
Potential use cases:
→ Onchain yield without giving up custody
→ New wave of BTC liquidity for dapps → increasing token sink for $BABY as adoption increases
gBaby
Babylon partner
Big things are happening at Babylon!
After activating $10B in Bitcoin through our flagship Trustless Bitcoin Staking Protocol, Babylon is now entering its next phase, unlocking Bitcoin liquidity for DeFi, trustlessly and non-custodially, following the proven multichain strategies of Chainlink and Tether.
Let's deep dive into what this means and what's next for Babylon 👇
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