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.
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