defioasis.eth
defioasis.eth|Apr 11, 2025 07:56
Although the airdrop was not satisfactory, as the sole seedling of BTC Staking, Babylon carries the hope of introducing BTC into DeFi Yield. Babylon Genesis has arrived, take a look, the three cores are L1 based on Cosmos+BSN manager that pledges native BTC for PoS network security and shares profits+DeFi ecological alliance, such as BTC LST, etc Since the Babylon airdrop and settlement of staking, Babylon's BTC staking volume has decreased from over 57000 BTC to 49000 BTC, which is relatively strong compared to other projects driven by pure point staking. Most BTC is still stuck in the Babylon ecosystem. After this wave of airdrops clears up, it will be the beginning of a new stage The development path is also very clear. The expansion of BTC Staking inward is to network as many native BTC as possible into Babylon Staking, and increase the staking rate; Expanding outward may involve institutional level participation such as MSTR, or even BTC ETF staking, which has an impact on the narrative of BTC returns that is no less significant than the first purchase of BTC by listed companies and institutions
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