Event JSON
{
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"kind": 1,
"tags": [
[
"r",
"https://crypto.news/babylon-chain-may-be-the-most-undervalued-bitcoin-defi-bet-nansen/"
],
[
"subject",
"Babylon chain may be the most undervalued Bitcoin DeFi bet: Nansen"
],
[
"published_at",
"1744646791"
],
[
"image",
"https://crypto.news/app/uploads/2025/02/crypto-news-Bitcoin-DeFi-shouldnt-just-be-possible-option02.webp"
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[
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"url https://crypto.news/app/uploads/2025/02/crypto-news-Bitcoin-DeFi-shouldnt-just-be-possible-option02.webp"
],
[
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],
[
"summary",
"Babylon's protocol, dubbed Bitcoin restaking, allows users to lock BTC into a script on the Bitcoin blockchain and earn rewards in proportion to their holdings. The rewards come from the Babylon chain's annual inflation rate of 8%, which is split evenly between Bitcoin and BABY stakers. This creates a new revenue stream for Bitcoin holders without giving up custody of their assets."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2025/02/crypto-news-Bitcoin-DeFi-shouldnt-just-be-possible-option02.webp\nBabylon is using the Bitcoin netwrok to secure staking, without relying on dangerous cross-chain bridges.\nhttps://crypto.news/babylon-chain-may-be-the-most-undervalued-bitcoin-defi-bet-nansen/",
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}