pSTAKE is working closely with Babylon to build its first Bitcoin liquidity staking solution. Babylon pioneered Trustless BTC Stake, an innovation that brought Bitcoin to the PoS chain. This Bitcoin liquidity staking solution is far ahead of the competition and has begun public testing. And when Babylon launches its own points or airdrops, it may consider the use of pSTAKE. We all know that
@ether_fi
has exceeded $1 billion in TVL and was listed on Binance within a few weeks of its launch. Once Babylon deposit activities start, pSTAKE will have a very high chance of becoming the http://ether.fi of Bitcoin, and further have the opportunity to become the leader of BTCfi and start the next big narrative of the Bitcoin ecosystem.