Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Rooch Network provides liquidity and more income scenarios for Babylon by pledging BTC

Rooch Network provides liquidity and more income scenarios for Babylon by pledging BTC

Bitget2024/12/11 10:58

On December 11, Rooch Network announced new application scenarios and benefits for users participating in the Babylon Bitcoin staking Cap2 and Cap3. Through Rooch Network's Grow Bitcoin platform, users can use the liquidity of their BTC without unstaking, while gaining more income scenarios.

This innovative move redefines the way staked bitcoin is used in a decentralized ecosystem, with key highlights including:

Liquidity without unstaking: Users can retain their staked BTC while using its liquidity.
Double earnings: Users can simultaneously receive Babylon staking rewards and profits from the Rooch Grow Bitcoin platform.
Security and decentralization: Based on non-custodial and decentralized architecture to ensure asset security and transparency.

Rooch Network's move expands the potential applications of bitcoin in decentralized finance, reflecting its mission to empower the bitcoin ecosystem through innovative Layer 2 solutions.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!