📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
BTC staking ecosystem explodes, multiple projects compete for trillion-dollar market
Overview of BTC Staking Ecosystem: Unlocking Trillions of Dollars in Funding Potential
Babylon, as a decentralized Bitcoin staking solution, implements native asset staking on the BTC mainnet through cryptographic means and provides POS security guarantees for other blockchains to generate收益. The staking process of Babylon operates entirely based on cryptography, without relying on third-party bridges or custodians, making it very popular within the BTC community.
Babylon has opened up new revenue channels for Bitcoin holders while also addressing the inflation and startup capital issues faced by small and medium-sized POS chains. Currently, several projects have launched BTC liquidity staking solutions around Babylon, similar to liquidity tokens for ETH, aiming to achieve on-demand access to BTC and earn interest.
These liquidity staking solutions mainly include:
pSTAKE: Adopts an institutional custody liquidity model, where user funds are staked to the pSTAKE address, supported by liquidity from institutions like Cobo. It is currently in the v1 testnet phase, and yBTC liquidity tokens are expected to be launched subsequently.
Lorenzo: Achieved a principal and interest separation business similar to pendle, issuing three types of tokens: stBTC, YAT, and SPT. Currently, the mainnet is launched in two phases, with Phase One already in testing.
Lombard: Adopts a decentralized architecture, where user funds are directly staked to Babylon. Currently operating in Private Beta mode on the Ethereum mainnet, issuing LBTC as a liquid staking token.
Solv integrates multiple yields from BTC Layer2 and ETH Layer2, tokenized as SolvBTC. It is currently live on multiple chains, attracting over 12,000 BTC staked.
Bedrock: Developed the UniBTC protocol commissioned by Babylon, allowing Ethereum users to stake their wBTC to Babylon.
Master Protocol: Yield Aggregation Platform, aggregating multiple BTC ecosystem projects to provide yield trading opportunities.
Chakra: A ZK-driven modular Bitcoin settlement layer that provides unified settlement services for layer two networks.
The development of the BTC staking ecosystem will significantly enhance the yield of BTC assets, injecting new vitality into the BTC ecosystem. Unlike ETH staking, BTC staking is more similar to restaking activities, and early projects are expected to have opportunities for rapid growth.