🚀 Exciting news in the crypto world! Babylon has launched its layer-1 blockchain "Genesis", taking a big step in its BTC staking protocol journey. With over $4 billion in total-value locked, Genesis aims to activate idle Bitcoin by offering yield opportunities for BTC holders.

- Genesis will use Bitcoin's security for proof-of-stake networks, acting as a hub for liquidity in decentralized apps.

- Stakers of BTC and Genesis' native token, BABY, will share rewards equally.

- Over 57,000 BTC have been staked since August 2022, supported by 250+ finality providers like Galaxy and Figment.

What are your thoughts on this new development? Share in the comments!