BTC staking platform Babylon teams up with Aave for Bitcoin-backed DeFi insurance

BTC staking platform Babylon teams up with Aave for Bitcoin-backed DeFi insurance

Babylon and Aave partner to enable native BTC as collateral for DeFi lending. BTC can now back decentralised insurance pools, earning yield if unused. Users retain full control of their Bitcoin while accessing DeFi liquidity. In a groundbreaking move for the decentralised finance (DeFi) ecosystem, Bitcoin staking platform Babylon has announced a partnership with Aave…
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