CoinVoice has learned that Rooch Network announced new application scenarios and benefits for users participating in Babylon Bitcoin staking Cap2 and Cap3. Through Rooch Network's Grow Bitcoin platform, users can utilize the liquidity of their BTC without needing to unstake it, while also gaining access to more profit scenarios.
This innovative initiative redefines the application of staked Bitcoin in decentralized ecosystems, with key highlights including:
Liquidity without unstaking: Users can retain staked BTC while using its liquidity. Dual rewards: Users can simultaneously earn Babylon staking rewards and yields from the Rooch Grow Bitcoin platform. Security and decentralization: Based on a non-custodial and decentralized architecture, ensuring asset safety and transparency.
This initiative by Rooch Network expands the potential applications of Bitcoin in decentralized finance, reflecting its mission to empower the Bitcoin ecosystem through innovative Layer 2 solutions. [Original link]
