Babylon stakers should not miss this multi-yield amplifier!

Satlayer has raised $8 million in seed funding from#OKXand is launching an early bird rewards program!

➡️ Staking link: https://tinyurl.com/chloe-satlayer

Today's fur-pulling has evolved to the next level. The era of wanting to make money through simple interactions is over!

Now is the era of staking to get airdrops, and only real contributors are eligible to get early project bonuses! It’s time for us to change our thinking and keep up with the changing trends!

The current mainstream is to make rational use of the funds in hand, add more layers of nesting dolls, and get more rewards!

It can be understood as a high-yield financial management or farming!

📖@satlayer Introduction

Satlayer is a universal security layer deployed on Babylon that enables#BTCstakers to provide security for any type of dApp or protocol! Also known as Bitcoin Verification Service (BVS)

🌟Satlayer usage scenarios

1⃣ Providing additional income opportunities to users of the Liquidity Staking Token (LST) platform

2⃣ By re-staking#BTCon Satlayer, the BVS platform gains stronger security and new features

3⃣ Satlayer provides an Eigenlayer-level AVS scope, further expanding the capabilities of the Babylon ecosystem

4⃣ Satlayer provides the opportunity to earn additional rewards by locking#BTCin the system.

🛡️ Financing and Security

On August 22, Satlayer announced the completion of an $8 million seed round of financing, with investors including Hack VC, OKX Ventures, Castle Island Ventures, Franklin Templeton and Mirir Ventures.

In terms of security, Satlayer has passed audits by SALUS and ZELLIC!

🌟 Advantages of Satlayer

✅ $BTC is the safest asset in the entire crypto market. As the ecosystem around#BTCbecomes more and more prosperous, Satlayer will become an indispensable and important aggregate security layer!

✅ Babylon/Satlayer on Bitcoin is similar to Eigenlayer on Ethereum. It is expected that Babylon will start a new#BTC#DeFi flywheel, just like the flywheel effect caused by Eigenlayer!

✅ Satlayer supports multiple chains and various forms of#BTCassets, bringing users more convenient and efficient services!

✅ BTCFi is a narrative with great potential in this bull market. The construction around BTC has been ongoing, and Satlayer is a potential protocol with practicality and real demand!

Early Bird Rewards Program 🪂

In conjunction with the launch of the Babylon mainnet, Satlayer is currently carrying out the first season of the “Early Bird Reward Program” to reward early users who provide liquidity!

The first deposit of Season 1 is capped at 100#BTCand will be filled in 2 days!

The second deposit of the first season will start at 10:00 on September 13th, with an upper limit of 400 #BTC. It is recommended to deposit as soon as possible to avoid the staking channel being closed after reaching the upper limit.

📌Reward rules and details

Users can obtain Sats² through re-staking through SatLayer. Sats² is similar to points and will be airdropped in proportion to the quantity in the future!

The project takes a snapshot every 24 hours and distributes Sats², and some specific LST may have a 2x multiplier during a certain period of time.

Currently, you can get 21,000 Sats² per day per #BTC

Follow the official X to get a 1.25X multiplier, join the Discord to get a 1.5X multiplier.

Official X: @satlayer

Discord：https://discord.com/invite/G9NSU9pEWj

🔓Supported asset types and multiple returns

Currently supported deposit assets include:

$UniBTC

$LBTC

$SolvBTC.BBN

$PumpBTC

$FBTC

$WBTC

BNB Chain’s $stBTC will be supported soon

Different#BTCassets can earn rewards including Sats², Bedrock Diamond Rewards, Babylon Rewards, $FBTC Sparks, Lombard Rewards, Solv XP, PumpBTC Rewards, etc. You can get up to four rewards at the same time!

Satlayer official X is still announcing supported and cooperative protocols, and it is expected to support more types of $BTC assets in the future

📚Re-staking process

If you hold the assets mentioned above, you can deposit directly and enjoy the benefits!

Staking link: https://tinyurl.com/chloe-satlayer

If you hold #BTC

1⃣First stake#BTCfor LST assets, such as $UniBTC $LBTC, etc!

2⃣ Deposit to Satlayer and re-stake

3⃣ Get multiple rewards!

For details, please refer to the official tutorial: https://blog.satlayer.xyz/tag/guides/