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Published on: 2025-03-06 15:18:26 Published on: 2025-03-06 15:18:26

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Recommend products to earn cash rewards and rewards ✌️【Risk】✌️Start with ₹500 and maximize your monthly earnings with high-yield investments.BOB, the "hybrid layer-2" network seeking to make Bitcoin the center of the decentralized finance (DeFi) universe, has taken a step toward that goal by integrating with BTC restaking protocol Babylon.An abbreviation of "Build on Bitcoin," BOB's aim is toestablish Bitcoin as the foundational network for DeFiby creating bridges between itself and other blockchains, using Bitcoin as the anchor chain to finalize transactions.Integrating with Babylon forms part of BOB's roadmap by giving it "Bitcoin finality," the point at which a transaction is permanent and irreversible on the oldest blockchain.

Recommend products to earn cash rewards and rewards ✌️【Risk】✌️Start with ₹500 and maximize your monthly earnings with high-yield investments.Assets deposited from other chains on BOB would be confirmed and verified on Bitcoin via Babylon's protocol.Babylon, which is billed as a way of using BTC to secure other protocols and decentralized applications, is the foremost Bitcoin staking project in the sector, with total value locked (TVL) of around $6 billion.Staking refers to offering up crypto tokens to support the running of a blockchain network in return for rewards, similar to accruing interest in a bank account.Such a process is fundamental to networks like Ethereum and Solana which run on a "proof-of-stake" mechanism, but is absent from Bitcoin, which use "proof of work.Recommend products to earn cash rewards and rewards ✌️【Risk】✌️Start small, earn big! ₹500 can get you high monthly returns!

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