@danyundercrypto@Morpho Botanix might be shutting down but @babylonlabs_io is picking up the pace and has released its testnet for Bitcoin-native borrowing. Borrow against your $BTC without bridging it. No bridging or wrapping risks.
@crynetio After everything has been said and done, no action will be taken. We will continue discussions and debates.
Those that understand what needs to be done have begun to invest in quantum coins. I've got $QANX as my top investment with $CELL and $QRL also in my bag.
Without a doubt, $BTC is the best collateral there is but the risks of bridges has kept many users away. With Babylon's TBV testnet live, they can begin to borrow against their BTC without fear of these exploitations.
Another sign that Bitcoin is evolving beyond a store of value and into a widely accepted collateral asset.
Across derivatives, mortgages, institutional financing, and digital asset markets, Bitcoin is increasingly being recognised for its collateral qualities.
Babylon is building for that future: native Bitcoin collateral, without wrapping, bridging or giving up custody.
@LimonurMd@mdlabibbiswas6 Solve real-world problems, get real-world utility. I'm hoping to see more real-world partnerships like what @QANplatform has with both Ueno Bank and Crowe, solid financial institutions.
@quantum_magazin Everybody has a say on the timeline. Me? I have a say in when I begin to prepare for Q-day and I decided to start before now. Hence, my $QANX and $QRL bags. There's no time to wait or waste.