Rooch Network, the application layer for the Bitcoin ecosystem powered by MoveVM and Bitcoin staking, is excited to announce a groundbreaking opportunity for Bitcoin holders participating in Babylon’s Bitcoin Staking Cap2 and Cap3 programs. Through Rooch Network’s Grow Bitcoin platform, users can unlock the liquidity of their staked BTC, maximizing its potential without the need to unstake.
This collaboration between Rooch Network and Babylon is redefining how Bitcoin is utilized in decentralized ecosystems. Key benefits include:
- Liquidity Without Unstaking: Users can retain their staked BTC while accessing its liquidity.
- Dual Rewards: Earn rewards from both Babylon staking and Rooch’s Grow Bitcoin platform simultaneously.
- Security and Decentralization: Built on non-custodial and decentralized principles, ensuring trust and reliability.
The partnership between Rooch Network and Babylon represents a significant step in expanding Bitcoin’s utility within decentralized finance. This initiative aligns with Rooch’s mission to empower the Bitcoin ecosystem through innovative Layer 2 solutions, enabling productive applications for BTC.
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— Rooch Network (@RoochNetwork) December 11, 2024
🎉 Unlock Liquidity for Your Babylon-Staked Bitcoin with Rooch Network!
🚀 @babylonlabs_io’s Bitcoin Staking Cap3 is live! Stake BTC to secure the network & earn rewards.
With Rooch Network's pre-mainnet, your staked #BTC can do even more:
✅ Access liquidity without… pic.twitter.com/gMPmImXC9f