BTCfi still not that common YET {The key word is "Yet" for a reason} The next big DeFi wave could unlock Bitcoin’s potential, with high chance surpassing with @babylonlabs_io {9 place on @DefiLlama by TVL} at the forefront BTCfi offers a direct yield layer on Bitcoin, using native BTC with no bridges or synthetics. {Integrates with @aave, @MorphoLabs, and @eulerfinance for sustainable 5-10% BTC yields} The goal: unlock $100b of Bitcoin for DeFi, safely and trustlessly, what can help? Trustless BTC vaults & staking will get there, that's it, the next era of BTCfi is just about to hit {More details on the QT below}
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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