Babylon can provide secure, cross-chain-free, and custody-free native staking solutions for PoS chains including BTC layer2, and promote cross-chain interoperability. It is often compared to the Eigenlayer of the Ethereum ecosystem.
JinseFinanceBabylon Bitcoin Stake Testnet-4 Chapter 3 has been launched on June 19, 2024.
WenJunBabylon is currently the largest staking project in the Bitcoin ecosystem. Users can complete decentralized BTC staking through Babylon and unlock BTC staking income.
JinseFinanceWill the complex layering consisting of numerous LSD and LRT protocols become the biggest black swan in the future of blockchain? Is their business logic reasonable? This article will mainly discuss Babylon. After reading this article, you will solve the above doubts.
JinseFinanceThe biggest highlight of the Babylon project is to enable trustless staking of BTC.
JinseFinanceThis article attempts to describe what Babylon is in the simplest terms.
JinseFinanceBabylon is committed to creating BTC staking, allowing BTC holders to share over $1.3 trillion in economic security with other networks in exchange for staking returns without leaving the Bitcoin network itself.
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BeincryptoBabylon’s founder said several liquidity pools and BABL tokens price were severely impacted, which contributed to the decision.
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