Bitcoin Liquid Staking Gains Momentum as Lombard Launches BARD Token and Foundation
Lombard is attempting to make the world’s original cryptocurrency into a more productive asset for DeFi functions
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Babylon
Lombard is attempting to make the world’s original cryptocurrency into a more productive asset for DeFi functions
Babylon, developer of the largest BTC staking protocol, is teaming up with Bitcoin developers Fiamma to build a trust-minimized bridge using BitVM2
The integration allows BOB, a “hybrid L2,” to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.
As a significant third native use case for bitcoin, staking will increase bitcoin’s impact on the world’s stage.
Babylon co-founder David Tse (Babylon)
David Tse, an engineering professor at Stanford University who co-founded Babylon, a Bitcoin staking protocol (Bradley Keoun)