🚀 RedStone Launches Bitcoin Staking Oracles! 🚀

🔹 RedStone, a modular oracle provider, has announced the launch of oracles specifically designed for Bitcoin (BTC) staking. Users can now stake their Bitcoin and earn Liquid Staking Tokens on the Ethereum blockchain.

🔹 The solution is already available on the Lombard platform, which manages over $500 million in assets. The oracles track key metrics such as the amount of Bitcoin staked and net asset value calculations.

🔹 In the coming months, RedStone plans to integrate its oracles on the pumpBTC and Solv platforms, and expand them to the Arbitrum, Base, and BNB Chain networks.

🔹 RedStone CEO Jakub Wojciechowski noted that the new solution will provide Lombard with the necessary infrastructure to seamlessly connect Bitcoin and DeFi.

💬 What do you think about this innovation? Share your opinions in the comments! 💬