Babylon BTC Staking

Phase I: collabotation with Babylon

The collaboration between Acorn and Babylon aims to strengthen the supply side of the market, accepting Bitcoin as a secure asset and serving it as a crypto economic security asset for PoS networks and dApps.

Introduction to Babylon

Babylon project designs security protocols that scale Bitcoin to secure the decentralized world. To this end, Babylon utilizes the three primary facets of Bitcoin: bitcoin the asset, Bitcoin the PoW-secured timestamping server, and Bitcoin the most censorship-resistant blockspace in the world. Through inventing pioneering protocols, Babylon envisions a more secure and Bitcoin-centric decentralized world.

Bitcoin timestamping: This protocol sends succinct and verifiable timestamps of any data (such as PoS blockchains) to Bitcoin；

Bitcoin staking: This protocol allows bitcoin the asset to provide economic security to any decentralized systems through trustless (and self-custodian) staking.

5MB

btc_staking_litepaper(EN).pdf

pdf

1MB

btc_staking_litepaper(CN).pdf

pdf

1MB

btc_timestamp_litepaper.pdf

pdf

Acorn unlocks the liquidity of the staked assets in Babylon

Babylon proposes an innovative Zero-Trust BTC staking solution that provides security for PoS chains through technical self-restraint design. However, this Zero-Trust is built on the sacrifice of BTC liquidity.

Acorn releases the locked liquidity of the staked assets by introducing our token aBTC and its Liquid Staking Token(waBTC), expanding the potential of Bitcoin in DeFi.

• Asset Integration: Acorn will aggregate a variety of secure projects for aBTC holders, avoiding the fragmentation of Bitcoin investment.

• Maintain Liquidity: Our waBTC, representing the staked aBTC, could be transferred or traded freely on the market.

• DeFi Possibilities: Our waBTC will be yield-bearing, and could be split into PT and YT to maximize staking returns.

• Learn more about Acorn Infrastrcuture.