Babylon Protocol protocol
Overview
Bitcoin staking protocol that enables BTC holders to stake their Bitcoin to secure Proof-of-Stake (PoS) networks and earn yields. It uses a trustless slashing mechanism without bridging or wrapping, leveraging cryptographic techniques like Extractable One-Time Signatures (EOTS). Developed by a team including researchers from Stanford.
Within the DeFi Intel graph, Babylon Protocol connects to 5 tracked entities, most strongly to Bitcoin, BABY, CertiK.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Bitcoin | 95% |
supports_token | BABY | 95% |
audited_by | CertiK | 80% |
audited_by | Zellic | 80% |
audited_by | Coinspect | 70% |
Frequently asked questions
What is Babylon Protocol?
Babylon Protocol is a Bitcoin staking protocol that enables BTC holders to stake their Bitcoin to secure Proof-of-Stake (PoS) networks and earn yields, using a trustless slashing mechanism without bridging or wrapping.
What chain is Babylon Protocol deployed on?
Babylon Protocol is deployed on Bitcoin.
Which auditors have audited Babylon Protocol?
Babylon Protocol has been audited by CertiK, Zellic, and Coinspect.