Ankr collaborates with Babylon to launch a new BTC staking protocol, and creates Liquidity Staking Token (LST)
Web3 infrastructure provider Ankr is launching a new BTC staking protocol with Babylon, extending the security of Bitcoin to all participating PoS chains. Ankr will create liquidity staking tokens (LST) for Bitcoins staked through Babylon, these tokens will be issued on PoS chains using the BTC staking protocol.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"7 Siblings" accumulate over 15,000 more ETH, bringing total holdings to $464 million
The US Dollar Index (DXY) breaks above the 100 mark for the first time since August 1.
Trump urges New Yorkers to vote for Cuomo in the mayoral election
Today’s Fear and Greed Index drops to 21, shifting from Fear to Extreme Fear.