Mansoor Ali pfp
Mansoor Ali
@mabman
šŸŖ™ Sui launches Bitcoin staking šŸ“ˆ Starting in December, Bitcoin holders will be able to stake BTC on the Babylon Layer 2 network of the Sui blockchain. āœ… The initiative aims to add liquidity to the Sui ecosystem. Users will be able to issue the liquid token Lombard BTC (LBTC) and earn rewards for staking. āœ… According to DefiLlama, Sui, launched in 2023, has attracted approximately $1.4 billion in total value locked (TVL).
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