🪙 $SUI launches Bitcoin staking
📈 Starting in December, Bitcoin holders will be able to stake BTC on the Babylon Layer 2 network of the Sui blockchain.
✅ 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.
✅ According to DefiLlama, Sui, launched in 2023, has attracted approximately $1.4 billion in total value locked (TVL).
