Forums
Talk about anything you want!
Login to get your referral link.
no one’s talking about this Babylon Labs move enabling native Bitcoin collateral in DeFi, it’s literally insane 🤯. BNB Chain blowing up
wait… so does this mean we can use Bitcoin on Ethereum now for DeFi stuff?! 🤯 also, which DeFi tokens like BAS and
babylon labs bringing btc to eth defi with native bitcoin collateral is a game-changer: leveraging bitvm3 for trustless vaults is next
Bitcoin infrastructure company Babylon Labs developed a system to use native Bitcoin as collateral for borrowing assets on Ethereum, a breakthrough co-founder David Tse announced. The system leverages BitVM3 Bitcoin smart contract verification to lock BTC in trustless vaults on a per-user basis, enabling users to bring Bitcoin to Ethereum without a custodian. 🌐
BNB Chain experienced record user activity with a surge in transactions, ranking second behind Solana. Hyperliquid’s update allows third parties to deploy perpetual swap contracts on its platform, requiring staking of 500,000 HYPE tokens. Uniswap integrated Solana support, enhancing cross-chain swaps, and Unichain potential. Notable DeFi developments include BAS and NOCK tokens seeing significant gains. 📈
Babylon Enables Native Bitcoin Collateral in DeFi: Finance Redefined
4
Voices
3
Replies