Ecosystem Vision Logo
Babylon Labs

Babylon Labs

Babylon is a blockchain project that brings Bitcoin security to the decentralized world. Its core product is a Bitcoin staking protocol that allows Bitcoin holders to stake their assets to secure Proof-of-Stake (PoS) chains and earn rewards, a concept they call BTCFi. Developed by Babylon Labs, the project enables the creation of dApps and "Bitcoin Supercharged Networks" with enhanced economic security.
Distributed

Description

Babylon, developed by Babylon Labs, is a project focused on leveraging Bitcoin's security for other blockchains. Its core product is a Bitcoin staking protocol that allows Bitcoin holders to stake their BTC to enhance the security of Proof-of-Stake (PoS) chains and earn yields, without leaving the Bitcoin network. This self-custodial process, known as restaking, helps secure various decentralized applications and services, creating what Babylon terms "BTCFi" (Bitcoin DeFi). The project aims to build a Bitcoin-secured decentralized economy by providing services like Bitcoin timestamping and staking, thereby extending Bitcoin's utility beyond just a store of value. They work with various partners in the ecosystem, including PoS chains, liquid staking providers, custodians, and wallet providers.