#Write2Earn #BinanceSquareTalks #baby
Babylon is a Bitcoin staking protocol that lets users earn yield on their idle Bitcoin. Babylon's mainnet launch is expected to bring staking to the Bitcoin ecosystem, allowing users to earn yield on their BTC without relying on third-party custody [1].
*Key Features*
- *Bitcoin Staking*: Babylon enables Bitcoin holders to stake their assets and earn yield.
- *Self-Custodial*: Users maintain control of their Bitcoin, eliminating the need for third-party custody.
- *Staking Infrastructure*: Babylon's protocol provides a secure and decentralized staking infrastructure.
*Benefits*
- *Earn Yield*: Babylon allows users to earn yield on their idle Bitcoin.
- *Increased Utility*: Babylon expands the utility of Bitcoin beyond just holding or trading.
- *Decentralized*: Babylon's protocol is designed to be secure and decentralized.