Thanks to the launch of Babylon’s mainnet and Bitcoin DeFi innovations, users now have a way to stake their native BTC and earn yield without having to rely on Bitcoin wrappers.
Bitcoin staking was once impossible, but thanks to certain innovations that have figured out how to make Bitcoin productive without compromising its security, over $5.8B+ in native BTC is currently being staked and earning yield.
This transformation comes at a time where institutions are increasingly looking to put their Bitcoin to work, and Bitcoin’s block rewards and miner fees are becoming less attractive – raising questions as to where much-needed incentives are going to come from to generate more fees for Bitcoin’s security budget.
A vibrant ecosystem of Bitcoin staking providers and infrastructure has now emerged, made up of an array of different protocols and platforms which are breaking down technical barriers, deepening liquidity, and simplifying access to unlock the majority o
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