We are thrilled to announce that @FinoaConsensus has been selected as a Finality Provider on Babylon, just in time for its Cap 3 unlock happening today.
@babylonlabs_io introduces the ability to stake BTC directly on the Bitcoin blockchain, eliminating the need for smart contracts or cross-chain bridges. This innovation allows BTC holders to stake their assets and earn rewards while enhancing the security of the Babylon network and its associated consumer chains. It marks a significant step forward in Bitcoin’s utility, particularly for institutions seeking to optimize their digital asset strategies. If you’d like to learn more, don’t hesitate to reach out to our team.