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šŸš€ Babylon TVL Surges by $3.5B in One Week, Breaking into Top 10 DeFi ProtocolsBabylon, the rising star of Bitcoin staking protocols, has taken the DeFi world by storm, climbing into the top 10 protocols by Total Value Locked (TVL) šŸŒ. Its third deposit window, which recently closed, brought in an astonishing $3.5 billion worth of Bitcoin in just one week šŸ’°. āš” Cap3 Deposit Window Attracts Massive BTC Inflows Babylonā€™s latest initiative, Cap3, allowed users to stake BTC for 1,000 Bitcoin blocks (December 10ā€“17). The results? A jaw-dropping 33,290 BTC ($3.5 billion) from over 112,000 users šŸ‘„. Among them was a whale staking a whopping 10,000 BTC ($1.04 billion šŸ‹). These inflows highlight Babylon's growing dominance. According to Kairos Research, Babylon deposits outpaced Bitcoin inflows into spot Bitcoin ETFs during the same period. šŸ’¬ ā€œWe are blown away by the continued enthusiasm and high participation in Babylon Bitcoin Staking Protocol from both retail and institutional players,ā€ said Fisher Yu, CTO of Babylon Labs. ā€œWhen BTC inflow into Cap3 outweighed those into Bitcoin ETFs, itā€™s a clear vote of confidence in our vision and shows the demand for unlocking native Bitcoin use cases.ā€ šŸ“Š Climbing the DeFi Rankings Babylon now ranks as the ninth-largest DeFi protocol šŸ†, with a total of 57,290.4 BTC ($5.93 billion) staked. It sits just above Sky (formerly MakerDAO) and slightly behind Ethena ($6.03 billion). šŸ”„ Whatā€™s Next for Babylon? Depositors are earning Babylon points šŸŽÆ, which are expected to qualify them for an exciting future airdrop āœˆļø, incentivizing even more participation. Babylonā€™s mission is bold and game-changing: building a Bitcoin-powered security layer šŸ” for Proof-of-Stake (PoS) systems. Their roadmap includes launching a Bitcoin-secured PoS chain šŸ› ļø and eventually creating a marketplace šŸ›’ where third-party networks can leverage Bitcoinā€™s robust security. šŸ’” Why This Matters Babylonā€™s success highlights the growing demand for native Bitcoin use cases šŸš€ in DeFi. By merging Bitcoinā€™s unparalleled security with stakingā€™s flexibility, Babylon is shaping the future of decentralized finance. This isnā€™t just stakingā€”itā€™s the future of Bitcoin-powered innovation šŸŒŸ in DeFi $BTC $DOGE #i #Babylon #BTCNewATH #cryptonews #viral

šŸš€ Babylon TVL Surges by $3.5B in One Week, Breaking into Top 10 DeFi Protocols

Babylon, the rising star of Bitcoin staking protocols, has taken the DeFi world by storm, climbing into the top 10 protocols by Total Value Locked (TVL) šŸŒ. Its third deposit window, which recently closed, brought in an astonishing $3.5 billion worth of Bitcoin in just one week šŸ’°.

āš” Cap3 Deposit Window Attracts Massive BTC Inflows

Babylonā€™s latest initiative, Cap3, allowed users to stake BTC for 1,000 Bitcoin blocks (December 10ā€“17). The results? A jaw-dropping 33,290 BTC ($3.5 billion) from over 112,000 users šŸ‘„. Among them was a whale staking a whopping 10,000 BTC ($1.04 billion šŸ‹).

These inflows highlight Babylon's growing dominance. According to Kairos Research, Babylon deposits outpaced Bitcoin inflows into spot Bitcoin ETFs during the same period.

šŸ’¬ ā€œWe are blown away by the continued enthusiasm and high participation in Babylon Bitcoin Staking Protocol from both retail and institutional players,ā€ said Fisher Yu, CTO of Babylon Labs. ā€œWhen BTC inflow into Cap3 outweighed those into Bitcoin ETFs, itā€™s a clear vote of confidence in our vision and shows the demand for unlocking native Bitcoin use cases.ā€

šŸ“Š Climbing the DeFi Rankings

Babylon now ranks as the ninth-largest DeFi protocol šŸ†, with a total of 57,290.4 BTC ($5.93 billion) staked. It sits just above Sky (formerly MakerDAO) and slightly behind Ethena ($6.03 billion).

šŸ”„ Whatā€™s Next for Babylon?

Depositors are earning Babylon points šŸŽÆ, which are expected to qualify them for an exciting future airdrop āœˆļø, incentivizing even more participation.

Babylonā€™s mission is bold and game-changing: building a Bitcoin-powered security layer šŸ” for Proof-of-Stake (PoS) systems. Their roadmap includes launching a Bitcoin-secured PoS chain šŸ› ļø and eventually creating a marketplace šŸ›’ where third-party networks can leverage Bitcoinā€™s robust security.

šŸ’” Why This Matters

Babylonā€™s success highlights the growing demand for native Bitcoin use cases šŸš€ in DeFi. By merging Bitcoinā€™s unparalleled security with stakingā€™s flexibility, Babylon is shaping the future of decentralized finance.

This isnā€™t just stakingā€”itā€™s the future of Bitcoin-powered innovation šŸŒŸ in DeFi
$BTC $DOGE

#i #Babylon #BTCNewATH #cryptonews #viral
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