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
Bernstein: Bitcoin Has Broken the Four-Year Cycle Pattern, This Bull Market May Reach a Peak of $200,000 in 2027
U.S. stock market opens: Dow Jones down 0.06%, S&P 500 up 0.09%
Ondo Finance: SEC has concluded its investigation with no charges filed
Trending news
MoreCrypto prices
More
