Arya Yan🦇🔊

[Arya Yan🦇🔊 @AprilYa60692575]

实用贴

[Saul Dataman 🚀⚖🦇🔊 @SaulDataman]

https://t.co/HxqrPBhJoN

[阿尔法新酱 | 0xShinChan 🇭🇰 @0xShinChannn]

There will be a couple of EigenLayer(s) in Bitcoin ecosystem? What is @babylon_chain, what they do and why do they exist 😱? Bringing 21M $BTC to PoS chains for yield to BTC holders👀?

A thread on everything you gotta know🧵

【 Babylon: Turning $BTC from pure store of value into productive yield instrument 】
First one that debuts is @babylon_chain and here's a TLDR about it: Babylon aims to utilize the vast but mostly idle $BTC to enhance the security of Proof-of-Stake (PoS) blockchains.

As per Babylon's whitepaper, they see BTC staking as a two-sided marketplace. On one side, PoS chains require enhanced security and are willing to offer yields for it. On the other, Bitcoin holders possess the capital and are looking to generate yield from it.

By staking their $BTC to support the security of PoS chains, participants can earn rewards derived from transaction fees, block rewards, or other incentive structures devised by the PoS networks.

【 What are the features of BTC staking via @babylon_chain onto PoS Chains be like? 】
⚪️ Full Slashability: Violations trigger slashing of 1/3 of the Bitcoin stake, ensuring only 2/3 adherence is needed for chain functionality.

⚪️ Guaranteed Withdrawal: Honest Bitcoin stakers can withdraw or unbond their funds irrespective of the behavior of other stakers.

⚪️ Fast Unbonding: Unlike typical PoS chains, Babylon enables quick unbonding without social consensus.

⚪️ Immunity to Attacks: Staked $BTC are protected on the Bitcoin network, safeguarding against long-range and "nothing-at-stake" attacks.

【How is the Staker Journey be like ShinChan? 】
1. User locks BTC in a self-custodial vault on the Bitcoin blockchain through a staking transaction.
2. Access to this BTC is restricted to operations authorized by the user's private key.
3. With the private key, user starts validating blocks on the PoS chain.
4. User can issue an unbonding transaction to retrieve BTC after 3 days, or a slashing transaction to burn the BTC.
5. Compliance results in BTC return and rewards; malicious behavior results in the BTC being burned as a penalty.

【Realistically what's the timeline and how to participate?】
Babylon is currently in testnet phase but this is NOT incentivised. Mainnet is still T.B.C. but with 4 phases of testnet already it shud be imminent.

They launched a Galxe quest called Chapter 0 with Point Mystery Box. Probaby points = token yeah for early participants?

Join with ShinChan on this: https://t.co/voiIToJjb3

There are a few ways you can look to participate when Babylon launches mainnet:
(i) Direct staking with @babylon_chain when live
(ii) Restaking with Babylon ecosystem projects, this is much like the status quo of EigenLayer with the debut of LRT. Currently there are 5 protocols and definitely more will be coming to capitalize on this - https://t.co/ynGU12Or8e

As a side note, @SolvProtocol SolvBTC will also expand to Babylon. It is also quite a novel yield-generating assset that sources revenue from:
(i) Staking yield from BTC L2 like @MerlinLayer2 @Stacks @BitlayerLabs etc.
(ii) Restaking yield from @babylon_chain
(iii) Trading strategy yield from L2 like @arbitrum + @BNBCHAIN

Currently if you deposit you get 4XP per $1. XP = token and note that Solv is backed by Binance so again iykyk when it goes TGE what will happen👀

(iv) Institutional staking with @Cobo_Global
This is more B2B oriented which Cobo introduces the first-in-market MPC staking solution for whales through one-click stake strategy on @babylon_chain.

What does this mean for protocols? With this institutional solution, whales / large LPs can use the API to stake on @babylon_chain leveraging key sharding tech for security = channeling of gud TVL.

Imagine Babylon + LRT + points + DeFi, there could be a EigenLayer 2.0 in Bitcoin.

[Arya Yan🦇🔊 @AprilYa60692575]

群友在"make history"

[Arya Yan🦇🔊 @AprilYa60692575]

@0xShinChannn @Cobo_Global @safe @1inch @StargateFinance @Optimism @Scav @Reformed_Normie ✈️✈️✈️

[Arya Yan🦇🔊 @AprilYa60692575]

@0xShinChannn @LybraFinance @Cobo_Global #Coboargus

[Arya Yan🦇🔊 @AprilYa60692575]

@0xShinChannn @Cobo_Global @safe @BlockSecTeam @CurveFinance @pendle_fi @Equilibriafi @LybraFinance @LidoFinance @Compound @aave @MakerDAO 👏

[Seraphim @MacroMate8]

Pretty dope professional DeFi farming tool by @Cobo_Global called Argus on top of Safe

You have a decent list of farms and you can automate the rewards claiming with their bot too

This ain't an ad, I just found it useful

https://t.co/p1paYy2O99

[Cobo @Cobo_Global]

Introducing Cobo NaaS, in partnership with @mminstitutional @ConsenSys

[Arya Yan🦇🔊 @AprilYa60692575]

撒花

[Cobo @Cobo_Global]

很高兴值此元宵佳节与大家分享Cobo2021年鉴，回顾 2021年Cobo在技术创新、业务打磨与精进以及安全合规等层面都取得了显著的成果，Cobo始终秉承安全至上的原则，感谢一路支持和陪伴我们的朋友，未来让我们一起坚定信仰并肩同行！祝大家元宵节快乐，团团圆圆每一天！
Cobo年鉴👉https://t.co/dHeOyynWf9

[Arya Yan🦇🔊 @AprilYa60692575]

@bitfish https://t.co/bfQVJJYWas Cobo 4th Anniversary NFT holder社群，持有Cobo nft的小伙伴进群联系客户经理哈～

[Arya Yan🦇🔊 @AprilYa60692575]

@Trashboy444 @bitfish Cobo四周年NFT holder社群哈 ，进群联系客户经理

[Arya Yan🦇🔊 @AprilYa60692575]

酷！

[DiscusFish @bitfish]

最近在看海外项目的时候发现一个法国团队做的Shibabeast NFT还挺有意思，Cobo这个专属头像还挺酷。听说今天下午Cobo又要在twitter上给Cobo NFT holders送福利了。大家记得关注一波！@Cobo_Wallet

[Arya Yan🦇🔊 @AprilYa60692575]

@bitfish Cobo在全球招兵买马啦，简历大家可以发到 [email protected] 哈

[Arya Yan🦇🔊 @AprilYa60692575]

旧图重发

[Arya Yan🦇🔊 @AprilYa60692575]

@wbulinling @bitfish @Cobo_Wallet @richsadcatnft 没问题，[email protected]这个邮箱是可以的哈 ～

[DiscusFish @bitfish]

熊市了,快来上班吧,Cobo全球范围内招同行者一起Build加密世界，欢迎大家踊跃投简历，期待我们能成为同事。今天准备了一个小活动，转发我这条推文，在转推中关注并@Cobo_Wallet，今天中午12点前获得转发量最多的50名用户，就可获得由@richsadcatnft提供的白名单机会！https://t.co/RnE6wQGFTH

[Arya Yan🦇🔊 @AprilYa60692575]

@CryptoJarol Hi恭喜中奖，可以打开私信，稍后会有Cobo小伙伴联系领取NFT’

[Arya Yan🦇🔊 @AprilYa60692575]

@DCZ888 Hi恭喜中奖，可以打开私信，稍后会有Cobo小伙伴联系领取NFT

[Arya Yan🦇🔊 @AprilYa60692575]

@tutu__oo @Cobo_Wallet Hi恭喜中奖，可以打开私信，稍后会有Cobo小伙伴联系领取NFT’

[Arya Yan🦇🔊 @AprilYa60692575]

@neolee97091415 Hi恭喜中奖，可以打开私信，稍后会有Cobo小伙伴联系领取NFT’