Babylon
Babylon
BTC+2.37%
BABY+10.69%
1/ The Babylon Genesis ecosystem is growing fast. But what does it actually mean to be part of it? Let’s break it down.
2/ Why it Matters to You You're not just storing your Bitcoin, you’re putting it to work. * Earn rewards without giving up custody * Use LSTs to stay liquid and flexible * Gain access to new BTCFi applications
3/ Bitcoin Supercharged Networks (BSNs) These are chains that connect to Babylon and use Bitcoin for extra security and/or liquidity. Why it matters for BSNs: * Access to a huge pool of unused BTC for growth * Connects to the wider Bitcoin community * Access real liquidity by tapping into idle BTC
4/ Finality Providers These are validators that secure BSNs by backing them with Bitcoin. Why it’s worth it for Finality Providers: * Earn rewards by helping finalize blocks * Help keep networks safe * Play a role in growing decentralized systems
5/ Liquid Staking Tokens (LSTs) These let you stake Bitcoin and still use it elsewhere. Why people use them: * Keep your BTC liquid * Earn more from your staked assets * Stay active in BTCFi without being locked up
6/ Wallets and Custodians These are tools to store, manage, and interact with your BTC and BTCFi assets. What they offer: * Strong security for your assets * Easy-to-use interfaces * Direct access to Babylon and BTCFi
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