$BABY #Nansen Spotlights #Babylon as Bitcoin DeFi’s Hidden Gem
Nansen pegs Babylon chain as potentially the most undervalued project in Bitcoin DeFi, driven by its innovative features:
• Native BTC staking without bridges or wrapped tokens.
• Stakers earn 8% annual rewards via BABY token inflation, shared between BTC and BABY holders.
• Bitcoin holders can generate yield while retaining custody.
• Bitcoin DeFi’s TVL soared to $8B in late 2024, up over 500% year-on-year, despite recent dips.
With robust fundamentals and a thriving ecosystem, Babylon could lead Bitcoin’s DeFi surge.
What role will Babylon play in unlocking Bitcoin’s DeFi potential?