Rocky
Rocky|Mar 04, 2025 09:33
Babylon Genesis: The New Era of Bitcoin Secure Network We have been researching @ babylonlabs_io for a long time, and currently their BabylonGenesis is the first Bitcoin secure network (BSN) aimed at providing security and liquidity support for PoS blockchain. Unlike traditional cross chain bridge or wrapped BTC schemes, Babylon directly leverages the native security of Bitcoin, allowing BTC holders to seamlessly use their assets in the PoS ecosystem while ensuring decentralization and security. 🎯 Core advantages of Babylon Genesis 🔹 Bitcoin Staking Babylon uses the Bitcoin staking protocol to directly secure BTC for PoS chains. Compared to traditional PoS networks that rely on native tokens for staking, BTC, as one of the most robust assets in the world, can greatly enhance network security. 🔹 Trustless and Self Custody Babylon adopts a trustless approach, where BTC staking does not require centralized institutions or asset encapsulation, significantly reducing the risk of asset loss or abuse. Users always have control over their BTC and can also obtain staking profits. 🔹 Bitcoin Secure Layer 1 (BTC Secure L1) Babylon Genesis, as an independent Layer1 blockchain, utilizes BTC as the primary security pillar and serves as the finality provider for PoS networks, enhancing overall security and resistance to attacks. 🔹 Liquidity Coordination Babylon Genesis allows Bitcoin holders to stake BTC in multiple ecosystems such as PoS, Layer2, and Data Availability Layer (DA) without compromising BTC security, creating liquidity returns. 📊 Economic Model and TVL: As of now, Babylon Genesis has attracted over 54000 BTC to participate in staking, with a total value exceeding $5 billion. Users can pledge BTC to Babylon through the Delegate mechanism and receive rewards from PoS project parties, including native token income such as L2 tokens, DA network incentives, etc. In addition, Babylon's native token BBN may have an upward effect during the bull market, further promoting ecological development. 📝 Ecological Integration and Future Prospects: Babylon Genesis' vision is not only for a secure Bitcoin network, but also to become the infrastructure of the entire Web3 ecosystem: ✅ PoS ecosystem integration: providing BTC staking security for PoS ecosystems such as Ethereum L2, Cosmos, Solana, etc ✅ DeFi application: BTC holders can conduct financial operations such as lending and liquidity mining in the Babylon ecosystem ✅ Decentralized Finance (DeFi) and DAO Integration: A DeFi System with BTC as the Core Asset Summary: As a pioneer in the Bitcoin Secure Network (BSN), Babylon Genesis has successfully broken the limitations of BTC as a "store of value", allowing BTC holders to participate in the PoS ecosystem through staking and earn profits without compromising security. Its unique trustless mechanism and BTC staking scheme will become an important driving force for the next wave of growth in the Bitcoin ecosystem, which is worth paying close attention to! 🧐
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