Rooch Network provides liquidity and more yield scenarios for BTC staking on Babylon
ChainCatcher message, Rooch Network announces new application scenarios and benefits for users participating in Babylon Bitcoin staking Cap2 and Cap3. Through Rooch Network's Grow Bitcoin platform, users can utilize the liquidity of their BTC without needing to unstake, while also gaining access to more earning scenarios.
This innovative initiative redefines the application of staked Bitcoin in the decentralized ecosystem, with key highlights including:
- Liquidity without unstaking: Users can retain their staked BTC while utilizing its liquidity.
- Dual rewards: Users can simultaneously earn Babylon staking rewards and returns from the Rooch Grow Bitcoin platform.
- Security and decentralization: Based on a non-custodial and decentralized architecture, ensuring asset safety and transparency.
Rooch Network's initiative expands the application potential of Bitcoin in decentralized finance, reflecting its mission to empower the Bitcoin ecosystem through innovative Layer 2 solutions.
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