This weekend, my friend and I went to a resort just to relax and forget about everything for a while. 😄 Between the food, the views, and random conversations, we somehow ended up talking about crypto.
One topic that came up was Trustless Bitcoin Vaults (TBV) from @BabylonLabs_io . The idea of using native Bitcoin as collateral without wrapping it or relying on intermediaries sounded pretty interesting to both of us. It's one of those things that makes you stop and think about how Bitcoin could be used in more ways while still staying true to itself.
Now I'm curious to try the public testnet and see how native Bitcoin backed borrowing actually feels in practice. Have any of you checked it out yet?
Most Bitcoin holders have probably heard the same options for years. If you want to use your BTC in DeFi, you’ll often need to wrap it, bridge it, or trust another party. That has always felt like a compromise.
What makes Trustless Bitcoin Vaults (TBV) interesting is that it takes a different direction. Instead of changing Bitcoin to fit DeFi, it focuses on letting native Bitcoin act as collateral while users keep control of their own keys. The first implementation, native Bitcoin backed borrowing through Aave v4 on the public testnet, shows how BTC can be put to work without relying on centralised intermediaries.
I like seeing projects explore ways to expand Bitcoin’s utility while respecting the qualities that made it valuable in the first place. If you’re curious about where native Bitcoin collateral could lead, the public testnet is worth checking out and sharing feedback on. @BabylonLabs_io $BABY #baby