Babylon Labs
babylonlabs.io
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Overview
Babylon Labs builds a protocol that lets bitcoin holders stake their coins to secure proof-of-stake networks without bridging or wrapping them. The design uses Bitcoin timestamping and slashable self-custodial staking scripts so that collateral never leaves the Bitcoin chain. The project attracted large deposits from bitcoin holders seeking yield without counterparty custody.
News
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There's Now $3.6 Billion Worth of Bitcoin Deposited on Babylon Chain
Babylon Chain has seen $1.2 billion worth of Bitcoin deposits in 48 hours.
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How Babylon attracted $3.5B to native Bitcoin staking protocol - Co-founder
At the Bitcoin MENA event in Abu Dhabi, Cointelegraph spoke with Babylon co-founder and chief technology officer Fisher Yu about the state of DeFi on Bitcoin.
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There's Now $3.6 Billion Worth Of Bitcoin Deposited On Babylon Chain
Babylon Chain, the middleware blockchain securing Cosmos-based chains with Bitcoin, just broke $3 billion worth of deposits.
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Offices
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San Francisco
United States
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