Imagine leveraging Bitcoin for DeFi purposes while retaining full control of your assets and avoiding bridge risks. Tristan highlights the substantial scale of this opportunity, noting that about $5.7B TVL is already locked. The solution lies in Trustless Bitcoin Vaults, a chain-agnostic protocol that locks BTC natively on the Bitcoin network. This system remains self-custodial and supports applications such as lending and borrowing. It eliminates the need for wrapping, custodians, or bridges. Watch the Cryptic clip below.
How do we envision true success? It is a reality where Bitcoin preserves its complete sovereignty while natively driving the global financial system. In this environment, financial tools are constructed upon trustless infrastructure rather than depending on intermediaries. Babylon transforms Bitcoin into a usable asset, and BABY serves as a reflection of the value generated by this utility. Keep your faith in Bitcoin and start using Babylon today.
You may be curious about the specific role BABY plays in this infrastructure. As Bitcoin liquidity circulates within Babylon, it spurs economic activity involving numerous vaults, products, and system integrations. BABY is built to accrue this value using clear, usage-driven models, such as the buy and burn process. As the network sees wider adoption, BABY ensures that long-term value stays synchronized with genuine Bitcoin utilization.
Babylon has maintained a consistent development cycle throughout the last four years. Our approach is straightforward, as we successfully transition research into a live product roughly every year. This strategy is what enabled the launch of Bitcoin Staking, utilizing advanced cryptography to deliver a practical tool for users. We are now applying this same framework to BABE. Join David as he details our method for converting theoretical research into deployed products.
Ever wonder why a significant portion of Bitcoin remains static, even within the active crypto market? The answer lies in its status as prime collateral; holders are simply unwilling to sacrifice custody. In the featured video, Tristan details a key philosophy focused on keeping BTC native and self-custodial. By bypassing bridges and third parties, it is possible to make Bitcoin productive without the need to transform it. Crucially, the BTC never moves and never undergoes rehypothecation. See the Cryptic interview clip below for the full breakdown.
To understand the specific contribution Babylon makes to the ecosystem, one must look at its designation as the Bitcoin Liquidity Layer. This platform facilitates the secure movement of native BTC into diverse financial products, spanning across institutions, markets, and protocols. By allowing liquidity to circulate without compromising the fundamental trust model of Bitcoin, the system ensures that technological infrastructure effectively supersedes the need for traditional intermediaries.
Unlocking the true utility of Bitcoin paves the way for a diverse array of capabilities. We are looking at a future that includes credit and borrowing facilities secured by BTC, alongside markets dedicated to insurance and protection. Furthermore, users can access structured products and yield generation opportunities, as well as sophisticated financial applications. Everything is driven by genuine Bitcoin, completely eliminating the need for bridges, wrapped tokens, or custodial risks. This is the essence of a truly productive Bitcoin ecosystem.
How does Bitcoin distinguish a valid proof from a counterfeit one? When utilizing smart contract chains, one can simply deploy the verifier as a program directly on the ledger. Conversely, on Bitcoin, that verifier program would amount to roughly 1GB of data, taking up around 250 blocks, and is limited to one-time use. For this reason, the significant recent advancement has been the ability to make proof verification on Bitcoin truly practical.
Bitcoin often remains dormant because holders recognize its high value and refuse to relinquish control. In this discussion with @Cryptic_Web3, our CMO @Tristan0x15 outlines the strategy for making native BTC productive without relying on bridges, wrappers, or transformations. This approach ensures the asset stays self-custodial and pristine.
You might be curious how Bitcoin can function as a programmable asset without having its own smart contracts. This capability is unlocked by Babylon vaults, which interpret the outcomes of smart contracts and convert them into conditions that Bitcoin can strictly enforce. In this system, ownership is transferred only after specific, pre-set rules are satisfied. Furthermore, any illegitimate claims face potential challenges, guaranteeing that the process remains verifiable and trustless. Ultimately, this allows Bitcoin to serve as pristine programmable collateral, all while maintaining its uncompromising security standards.
If you were unable to tune in for the live broadcast, the recording for Episode 7 of The Vault is now available for viewing. We were joined by @dntse to provide a comprehensive look at the BABE research paper. Our discussion focused on a straightforward objective: to clarify exactly what has been updated, explain the significance of these changes for Trustless Bitcoin Vaults, and demonstrate what this unlocks for users. You can watch the full replay on YouTube at the following address.
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Imagine a scenario where Bitcoin utility is unlocked without the assets ever needing to exit the Bitcoin ecosystem. Babylon effectively addresses this challenge by presenting Trustless Bitcoin Vaults. Through this mechanism, BTC is kept native on the mainnet, and owners retain full control over their keys. All underlying rules are executed through cryptography, ensuring that Bitcoin preserves its sovereignty while simultaneously becoming a usable asset.
We have reached the milestone of 4 years at Babylon. Our journey has evolved from early strides to genuine momentum, and we have accomplished a great deal through our combined efforts. We are moving forward.
Babylon relies on the validity of three specific factors concerning Bitcoin to operate effectively. If you were unable to join the live session, you can view the complete recording of the Founders Quarterly Call at the link below. https://x.com/i/broadcasts/1BdxYZweMzLKX?s=20
Stay connected with Babylon everywhere we are active online. Our channels feature a variety of content, ranging from TBV progress reports and launch updates to educational materials about BTCFi. We also spotlight ecosystem integrations and host livestreams, such as AMAs and The Vault. Furthermore, our timeline offers partner announcements, threads, and video clips.