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Ankr partners with Babylon to launch new BTC staking protocol and create liquid staking token LST

Ankr partners with Babylon to launch new BTC staking protocol and create liquid staking token LST

CointimeCointime2024/03/01 01:43
By:Cointime

Web3 infrastructure provider Ankr is launching a new BTC staking protocol with Babylon, which will extend the security of Bitcoin to all participating PoS chains. Ankr will create liquidity staking tokens (LST) for Bitcoin staked through Babylon, which will be issued on PoS chains using the BTC staking protocol.

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