#BinanceSquare Babylon — is a promising crypto project focused on restaking Bitcoin (BTC) to enhance the security of other blockchain networks.

Briefly about the essence:

• Babylon allows you to use your BTC to protect other blockchains (for example, new networks or protocols) without selling or transferring them.

• This is implemented through the mechanism of restaking BTC: bitcoins remain with you but are 'secured' as collateral to ensure the security of other networks.

• The project's goal is to combine the enormous capitalization of Bitcoin with the needs of less secure blockchains.

Why this is promising:

• BTC is the most reliable and expensive cryptocurrency, but it is almost not used in DeFi or for security purposes.

• Babylon opens up the opportunity to earn passive income with BTC through staking, without transferring control over the funds.

• The project is supported by major investors (for example, Paradigm) and is generating active interest in the crypto community.