Nomic Introduces stBTC, a Bitcoin Liquid Staking Token powered by Babylon
Nomic is introducing stBTC, a Bitcoin Liquid Staking Token powered by Babylon, a fellow Cosmos chain that provides a Bitcoin staking protocol. stBTC uses nBTC, staking the underlying BTC via Babylon to provide proof-of-stake security to other chains in exchange for altcoin rewards. As the two core Bitcoin projects in the Cosmos ecosystem, Nomic and […]
April 10 · 4 min read