Babylon Labs

Babylon Labs aims to create a decentralized, Bitcoin-secured world by developing the first security-sharing protocols for Bitcoin. Their software allows Bitcoin holders to stake their BTC on decentralized platforms such as PoS chains, Layer 2 systems, and Data Availability (DA) layers. 

Company Details

• Industry: Computer and Network Security
• Founder: Fisher Yu
• Headquarters: USA
• Founded: 2022

Key Features:

• Self-custodial Bitcoin staking
• No third-party involvement
• Bridges Bitcoin security with PoS scalability

FAQs:

How does Babylon Labs’ protocol work?
Babylon Labs allows users to stake BTC on decentralized platforms, without giving up custody, for staking rewards.

What’s the advantage of self-custodial staking?
Users maintain full control over their BTC, enhancing security and reducing reliance on third parties.