According to Foresight News, pSTAKE Finance has introduced a Bitcoin liquid staking solution on Babylon. The protocol has set a deposit cap of 50 BTC to ensure security. Users can earn returns on their idle BTC while maintaining full liquidity. Additionally, pSTAKE Finance plans to enhance user experience with the upcoming v2 version, which will introduce the yBTC token on Ethereum. This token will offer automatic compounding Bitcoin yields similar to the popular cToken model and will be integrated into various major DeFi ecosystems, including Ethereum L2 and Bitcoin L2.