Babylon's innovative non-accomplice solution: The new era of BTC stake has arrived.

Babylon is an innovative non-custodial Bitcoin staking solution that utilizes Cryptography to implement native asset staking for Bitcoin on Layer 1. It provides POS security guarantees and generates yields for other Blockchains while ensuring that Bitcoin does not leave the Mainnet. The staking process employs "Extractable One-Time Signature (EOTS)" Cryptography, eliminating the need to rely on third-party bridges or accomplices, making it very popular in the Bitcoin community.

Babylon has opened a new staking avenue for Bitcoin holders, allowing them to earn staking rewards while ensuring security. This not only changes the gameplay of the Bitcoin ecosystem but also addresses the inflation and startup difficulties of small and medium-sized POS chains.

The Bitcoin liquidity staking plan is similar to a demand deposit, where users can deposit and withdraw at any time and earn interest. Staked tokens can also earn additional yields in other DeFi projects. In contrast, Babylon staking is more like a time deposit, offering higher returns but not allowing for immediate withdrawals.

Currently, multiple projects are developing liquidity staking solutions based on Babylon:

pSTAKE adopts an institutional custody liquidity model, where the project party stakes on behalf of users to Babylon. Its official token yBTC will allow users to participate in other DeFi projects. Currently in the v1 testing phase, over 40,000 users have participated.

Lorenzo has implemented a principal and interest separation business similar to Pendle. Users receive stBTC as a staking certificate, while issuing three types of tokens: LPT, YAT, and SPT, which represent principal, income rights, and withdrawal order, respectively. Lorenzo plans to launch the mainnet in two phases.

Lombard adopts a more decentralized approach, where user funds are directly staked to Babylon. Its official token LBTC can be used for cross-chain and DeFi operations. It is currently in the private testing phase and will soon be open to the public.

Solv integrates staking and restaking rewards from Bitcoin Layer 2, as well as DeFi rewards from Ethereum Layer 2, tokenizing them into SolvBTC. Currently, it has attracted over 12,000 Bitcoins staked.

Bedrock has developed the UniBTC protocol, allowing Ethereum users to stake their wBTC to Babylon. Users can earn rewards and points by holding uniBTC.

Master Protocol is a yield aggregation platform that provides yield trading opportunities and aggregates Bitcoin ecosystem assets. Its Master Yield Pass NFT has been fully minted for free, and holders can enjoy multiple benefits.

Chakra is a ZK-driven shared modular Bitcoin settlement layer that provides unified settlement services for layer 2 networks. Its official token tlBTC can be used as a staking certificate, a liquidity asset, and a native asset for full chain settlement.

With the upcoming launch of Babylon's BTC staking, the Bitcoin ecosystem will undergo significant changes. This will not only significantly improve the overall asset yield but may also drive the development of Bitcoin L2 and other ecosystems. Although BTC staking is different from ETH staking, early projects still have good development opportunities.