🚨 BITCOIN DOESN’T NEED TO LEAVE BITCOIN
→ @BabylonLabs_io ’s Trustless Bitcoin Vaults are taking a different approach to BTCFi.
→ BTC stays on the Bitcoin network instead of being wrapped or handed to a custodian.
→ The vault uses cryptographic rules to connect Bitcoin collateral with DeFi on Ethereum.
→ That could make idle BTC more useful without giving up self-custody.
Curious to see how far this model can go. 👀
$BABY #baby