Bitcoin staking protocol Babylon launches first secure network Babylon Genesis: PoS L1 network empowering DeFiThe Bitcoin staking protocol @ babylonlabs_io has launched the first Bitcoin secure network: Babylon Genesis。 This is a PoS L1 network that can directly leverage the security and liquidity empowerment of Bitcoin. Through Babylon Genesis, the security and liquidity of 54800 BTC (4.71 billion) can now be introduced into the broader DeFi world. Babylon's staking network actually has three stages, and Babylon Genesis belongs to the second stage: the first stage: trustless, fully self managed BTC staking. This is also the core feature of Babylon staking: no wrapping, no bridging, no anchoring - BTC always stays on the Bitcoin network. Currently, 54800 BTC (4.71 billion) have been pledged through Babylon; Phase 2: Launch Babylon PoS L1 (Babylon Genesis). The first stage of staking Bitcoin can provide network security and liquidity for L1. Phase Three: Secure Sharing Market. This stage will allow any other PoS network to gain network security through staking BTC, which means Bitcoin holders can receive rewards in multiple PoS networks simultaneously. The Babylon Genesis launched in the second phase is a security and liquidity coordination control platform that provides Bitcoin staking convenience for all PoS networks. Babylon is building a Bitcoin liquidity collateral ecosystem: one end connects BTC, releasing trillions of dollars in BTC liquidity and earning additional profits; Connect one end to the PoS network and use BTC to protect the security of the PoS network and provide liquidity. As the safety and liquidity dispatch center of this ecosystem, the importance of Babylon Genesis cannot be overstated. Oh, by the way. Babylon airdrop collection requires wallet registration between February 15th and March 15th. If you have pledged BTC on Babylon, don't forget to register for the airdrop first. As for how to register, the Babylon official website has detailed steps: https://babylon.foundation/blogs/airdrop-registration-announcement