The Bitcoin staking protocol Babylon recently revealed on its official blog that during the third mainnet launch on December 15, an anonymous staker pledged 10,000 bitcoins through three transactions, with a total value exceeding $1 billion. 💰

Babylon pointed out that this staking is different from previous ones; large-scale staking was usually completed by entities wishing to stake on behalf of users (such as LST protocols and custodians). This time, individuals are directly making large-scale stakes to Babylon, marking a significant advancement in the concept of 'trustless' staking. ✨

This event is not only significant for the Babylon protocol but also brings new reflections to the blockchain industry: the role of individuals in decentralized finance is changing. 🔍