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Faier
@faier
~$1.2T USD-worth if Bitcoin is sitting idle. Contrast this with the top 10 Proof of Stake Networks (by staked market cap) where you'd see a 23-81% staking ratio. Babylon Chain unlocks Bitcoin's usability by enabling holders to secure Proof of Stake networks, starting with the Cosmos ecosystem. BTC holders win, as they get to earn a more competitive reward rate when compared to DeFi lending, and sidestep impermanent loss risks from LPing. PoS networks win, as they get to bootstrap economic security from Bitcoin, allowing the network to focus its effort on building and adoption. I'm really, really excited for this game-changing chain's launch!
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