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#Bitcoin holders now have another way to put their coins to work in DeFi. @nomicbtc and @babylon_chain are introducing stBTC, a Bitcoin Liquid Staking Token (LST). Read more: https://t.co/BUZfBsYWaI https://t.co/Fqcg8y8Jt5
⛓ .@NomicBTC, via its integration with @Babylon_Chain, plans to release a bitcoin liquid staking token within the Cosmos ecosystem. @httpsageyd reports Read more: https://t.co/xwtDSvnBw6 https://t.co/DkbhYkefUE
Bitcoin Liquid Staking Token Coming to Cosmos as LST Interest Surges Nomic, a bitcoin sidechain, is set to launch a bitcoin liquid staking token within the Cosmos ecosystem through a collaboration with Babylon, a BTC staking protocol. ⛓ Read more: https://t.co/W2TleA333R https://t.co/EMt5V5nTYK
Nomic and Babylon, two projects within the Cosmos ecosystem, have teamed up to introduce a new Bitcoin liquid staking token, $stBTC, in Protocol Village. This initiative aims to merge Bitcoin's security with the flexibility of liquid staking, enabling Bitcoin holders to earn staking yields without lockups. The launch of stBTC, highlighted by a surge in liquid staking token (LST) interest, is designed to empower users to engage in the DeFi space while utilizing Bitcoin's robust security to safeguard PoS chains.
