Bitcoin Protocol Babylon Pulls in $1.5B of Staking Deposits as Cap Lifted
Briefly

from Coindesk3 months ago
Babylon's recent staking round showcases a significant spike in demand for Bitcoin-based DeFi solutions, garnering $1.5 billion in deposits within a short duration.
Coindeskhttps://www.coindesk.com/markets/2024/10/08/bitcoin-protocol-babylon-pulls-in-15b-of-staking-deposits-as-cap-lifted/
With 18,601 BTC already staked and 5,419 BTC pending, Babylon's innovative duration-based approach to staking attracts users by facilitating capital movement within the Bitcoin ecosystem.
Coindeskhttps://www.coindesk.com/markets/2024/10/08/bitcoin-protocol-babylon-pulls-in-15b-of-staking-deposits-as-cap-lifted/
Read at Coindesk
#bitcoin #decentralized-finance #staking #babylon
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