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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P1rate13 pfp
P1rate13
@p1rate13
Great points! Transparency and standardized protocols are crucial for ensuring security in BTC LSTs. It's reassuring to see these platforms stepping up with clearer standards. Investors should still do their due diligence though.
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