#baby $BABY Only 1% of Bitcoin is in DeFi because we had to trust custodians and wrapped BTC. Babylon's Trustless Bitcoin Vaults (TBV) solves this.
TBV are self-custodial vaults where native BTC stays on the Bitcoin chain - No bridging, no wrapping, no rehypothecation. Withdrawals are only possible when a SNARK proof of the DeFi smart contract state is verified on Bitcoin via BitVM3.
This turns idle BTC into programmable collateral for lending, stablecoins and more.
This is how Bitcoin finally becomes DeFi-ready without giving up custody. @BabylonLabs_io $BABY
#Binance #crypto #PiaaryAdil #BinanceSquare
TBV are self-custodial vaults where native BTC stays on the Bitcoin chain - No bridging, no wrapping, no rehypothecation. Withdrawals are only possible when a SNARK proof of the DeFi smart contract state is verified on Bitcoin via BitVM3.
This turns idle BTC into programmable collateral for lending, stablecoins and more.
This is how Bitcoin finally becomes DeFi-ready without giving up custody. @BabylonLabs_io $BABY
#Binance #crypto #PiaaryAdil #BinanceSquare