{"id":166146,"date":"2024-05-15T17:41:31","date_gmt":"2024-05-15T17:41:31","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=166146"},"modified":"2024-05-15T17:42:29","modified_gmt":"2024-05-15T17:42:29","slug":"platform-is-launching-first-bitcoin-btc-staking","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/platform-is-launching-first-bitcoin-btc-staking\/","title":{"rendered":"This Platform is Launching First Bitcoin (BTC) Liquid Staking Solution"},"content":{"rendered":"<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">TL;DR<\/span><\/span><\/strong><\/p>\n<ul style=\"text-align: justify\">\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">pSTAKE Finance is launching a liquid staking solution for Bitcoin in collaboration with Babylon Chain.<\/span><\/span><\/li>\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The goal is to drive the growth of BTCfi by offering a direct avenue to generate BTC staking returns.<\/span><\/span><\/li>\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The collaboration leverages pSTAKE&#8217;s expertise in liquid staking solutions and Babylon&#8217;s innovation in staking protocols for BTC.<\/span><\/span><\/li>\n<\/ul>\n<hr \/>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The cryptocurrency ecosystem continues to evolve, and one of the most exciting recent news is <\/span><strong><span style=\"vertical-align: inherit\">pSTAKE Finance<\/span><span style=\"vertical-align: inherit\">&#8216;s <\/span><\/strong><\/span><a href=\"https:\/\/blog.pstake.finance\/2024\/05\/15\/pstake-finance-to-launch-btc-liquid-staking-in-collaboration-with-babylon\/\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">announcement<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> of its <\/span><strong><span style=\"vertical-align: inherit\">liquid staking solution for Bitcoin in collaboration with Babylon Chain<\/span><\/strong><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This partnership represents a significant milestone in the world of decentralized finance <\/span><\/span><a href=\"https:\/\/crypto-economy.com\/defi-decentralized-finances\/\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">(DeFi)<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> by offering <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin holders<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> the opportunity to generate <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">passive returns using their idle assets<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> safely and efficiently.<\/span><\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Breaking: pSTAKE Finance is launching a premier liquid staking solution for Bitcoin, built atop <a href=\"https:\/\/twitter.com\/babylon_chain?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@babylon_chain<\/a>. <\/p>\n<p>pSTAKE aims to become a catalyst for BTCfi growth by creating a direct pathway to generate <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#BTC<\/a> staking yield. <\/p>\n<p>Learn more \ud83d\udc49\ud83c\udffc <a href=\"https:\/\/t.co\/XV6KE07ciL\" target=\"_blank\">https:\/\/t.co\/XV6KE07ciL<\/a> <a href=\"https:\/\/t.co\/6R7hVODcor\" target=\"_blank\">pic.twitter.com\/6R7hVODcor<\/a><\/p>\n<p>&mdash; pSTAKE Finance (@pStakeFinance) <a href=\"https:\/\/twitter.com\/pStakeFinance\/status\/1790729012098023823?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 15, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">pSTAKE Finance<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"><strong>&#8216;s<\/strong> initiative <\/span><span style=\"vertical-align: inherit\">is a natural continuation of its previous experience in <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">liquid staking solutions for other cryptocurrencies, such as Cosmos<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">By applying this knowledge to the <\/span><\/span><a href=\"https:\/\/crypto-economy.com\/what-is-bitcoin\/\" target=\"_blank\" rel=\"noopener\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin<\/span><\/span><\/strong><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> ecosystem,<\/span><\/span><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> they are opening up new opportunities for <strong>DeFi<\/strong> <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">investors<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and participants<\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The collaboration with <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Babylon Chain<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, known for its innovation in <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">staking protocols for Bitcoin<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, adds an additional level of security and reliability to the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">proposed solution<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The essence of this collaboration lies in the ability of <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin holders<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> to earn <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">additional returns without compromising the liquidity of their assets.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Previously, generating returns with <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">BTC<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> was limited to more complex or high-risk options, which excluded many <\/span><span style=\"vertical-align: inherit\">potential <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">investors.<\/span><\/span><\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-84049\" src=\"https:\/\/crypto-economy.com\/es\/\/wp-content\/uploads\/sites\/4\/2024\/05\/pstake.jpg\" alt=\"This Platform is Launching the First Liquid Staking Solution for Bitcoin (BTC)\" width=\"825\" height=\"300\" \/><\/p>\n<h2><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Innovative solutions for Bitcoin staking<\/span><\/span><\/h2>\n<p style=\"text-align: justify\">With the <strong>launch<\/strong> of this <strong>liquid staking solution<\/strong>, a considerable amount of the <strong>friction<\/strong> typically associated with <strong>traditional staking processes<\/strong> is effectively mitigated, thereby significantly enhancing <strong>accessibility<\/strong> and <strong>security<\/strong> for all participants within the <strong>DeFi ecosystem<\/strong>.<\/p>\n<p style=\"text-align: justify\">The outlook for <strong>BTCfi (Bitcoin Finance)<\/strong> appears exceedingly optimistic due to groundbreaking initiatives such as this one, which seamlessly meld the robust <strong>BTC protocol<\/strong> with the forward-thinking <strong>innovations<\/strong> and diverse <strong>opportunities<\/strong> presented by <strong>DeFi<\/strong>.<\/p>\n<p style=\"text-align: justify\">As an increasing number of <strong>investors<\/strong> recognize the inherent <strong>benefits<\/strong> of safely and effortlessly <strong>generating returns<\/strong> with their <strong>digital assets<\/strong>, we anticipate a notable <strong>surge<\/strong> in <strong>engagement<\/strong> and widespread <strong>adoption<\/strong> of these innovative solutions across the <strong>cryptocurrency market<\/strong>.<\/p>\n<p style=\"text-align: justify\">This heralds just the <strong>inception<\/strong> of a transformative <strong>era<\/strong> for both <strong>Bitcoin<\/strong> and <strong>DeFi<\/strong>, wherein the symbiotic relationship between <strong>liquidity<\/strong> and <strong>profitability<\/strong> is poised to redefine the dynamics of <strong>decentralized finance<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR pSTAKE Finance is launching a liquid staking solution for Bitcoin in collaboration with Babylon Chain. The goal is to drive the growth of BTCfi by offering a direct avenue to generate BTC staking returns. The collaboration leverages pSTAKE&#8217;s expertise in liquid staking solutions and Babylon&#8217;s innovation in staking protocols for BTC. The cryptocurrency ecosystem &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"This Platform is Launching First Bitcoin (BTC) Liquid Staking Solution\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/platform-is-launching-first-bitcoin-btc-staking\/#more-166146\" aria-label=\"More on This Platform is Launching First Bitcoin (BTC) Liquid Staking Solution\">Read more<\/a><\/p>\n","protected":false},"author":33,"featured_media":166149,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,70,74],"tags":[4602,4620,5287,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/166146"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=166146"}],"version-history":[{"count":1,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/166146\/revisions"}],"predecessor-version":[{"id":166148,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/166146\/revisions\/166148"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/166149"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=166146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=166146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=166146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}