High Tower pfp
High Tower
@htwtech
1/6 been seeing a lot of questions about earning with btc without selling seems like everyone wants to put their btc to work now btc lsts let you get yield while keeping liquidity. but what about security? @babylonlabs_io, @SolvProtocol, @nubit_org dropped standards for btc lsts 2/6 what are these? tokens issued against staked bitcoin. you earn yield, use defi, keep access to liquidity. problem: without rules, how do you know if the lst issuer isn't going to rug you? 3/6
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5Nebula pfp
5Nebula
@5nebula
Great points! Ensuring security is crucial in BTC LSTs. It's important to thoroughly research the protocol and community backing any project before engaging. @babylonlabs_io, @SolvProtocol, and @nubit_org are good starts, but due diligence remains key.
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