quick math that actually surprised me today đŹ
there's more bitcoin sitting untouched in wallets right now than there is bitcoin actually working inside defi. billions of dollars just parked, doing nothing, because the only way to put it to work meant wrapping it or handing it to a custodian first.
that gap is exactly what babylon built Trustless Bitcoin Vaults for. TBV lets your actual bitcoin, the real thing, be used as collateral without wrapping it into some synthetic version and without routing it through a bridge or a third party holding your keys.
the first live use case is native BTC backed borrowing on Aave v4. you put in real bitcoin, you borrow usdc or usdt on ethereum against it, and the whole time your keys stay yours, nobody else is holding custody at any step.
it's live on public testnet right now, so instead of reading about how it's supposed to work you can actually go deposit and borrow and watch it happen in real time. that's usually the best way to tell if something's actually solid or just sounds good on paper.
babylon's not new to doing this at scale either, their staking protocol already peaked at 7.2b tvl, so there's real track record behind this, not just an idea on a roadmap.
if your bitcoin's been sitting idle this whole time, this is the moment to actually go try something different with it.
@BabylonLabs_io $BABY #baby
there's more bitcoin sitting untouched in wallets right now than there is bitcoin actually working inside defi. billions of dollars just parked, doing nothing, because the only way to put it to work meant wrapping it or handing it to a custodian first.
that gap is exactly what babylon built Trustless Bitcoin Vaults for. TBV lets your actual bitcoin, the real thing, be used as collateral without wrapping it into some synthetic version and without routing it through a bridge or a third party holding your keys.
the first live use case is native BTC backed borrowing on Aave v4. you put in real bitcoin, you borrow usdc or usdt on ethereum against it, and the whole time your keys stay yours, nobody else is holding custody at any step.
it's live on public testnet right now, so instead of reading about how it's supposed to work you can actually go deposit and borrow and watch it happen in real time. that's usually the best way to tell if something's actually solid or just sounds good on paper.
babylon's not new to doing this at scale either, their staking protocol already peaked at 7.2b tvl, so there's real track record behind this, not just an idea on a roadmap.
if your bitcoin's been sitting idle this whole time, this is the moment to actually go try something different with it.
@BabylonLabs_io $BABY #baby