AIBTC.BBN
Last updated
Last updated
AIBTC.BBN is the LST that represents Bitcoin staked within the Babylon ecosystem, which leverages Bitcoin's economic security to secure Proof-of-Stake (PoS) networks.
Use Case: Earn rewards by staking BTC to secure Babylon’s chain.
Type: 1:1 Pegged to BTC
Yield: Users earn native token rewards from PoS chains secured by Babylon through AIBTC.BBN, while maintaining liquid access to their Bitcoin.
Utility: AIBTC.BBN can be used in DeFi across the Babylon ecosystem, as well as in liquidity pools and cross-chain protocols.
Highlights:
Highest Babylon Points of All Liquid Staking Tokens:
In Cap 1, we delivered with 250 BTC staked to Babylon, earning 25% of Babylon Points.
In Cap 2, we scaled to new heights, achieving a total of 7,089 BTC staked, earning 30% of total Babylon Points.
Early Adoption and Integration:
We have established partnerships with leading DeFi protocols, ensuring that AIBTC.BBN will have robust liquidity and usability across multiple platforms even before Babylon's mainnet launch.