BlockBeats news, on September 28, according to official news, Babylon Labs and Pell Network reached a cooperation, Pell Network will integrate Babylon's Euphrates development network. This move will leverage Babylon's decentralized infrastructure to further enhance the cryptoeconomic security of Pell's full-chain trust network.

The two parties will stimulate the new potential of BTCFi through decentralized infrastructure and BTC Restaking, enhance the cryptoeconomic security of Pell's full-chain trust network, and further promote the development of decentralized verification services (DVS) to consolidate the integrity and scalability of the Bitcoin ecosystem. This cooperation is expected to bring more innovation and security to the Bitcoin ecosystem.

According to official sources, Pell Network will launch a testnet interactive airdrop event in October.