Babylon

2024

Bitcoin

Enhance

<p>DeSyn Protocol has announced a new collaboration with Babylon to enhance BTC staking yields. This collaboration will strengthen its ecosystem, and provide new opportunities for its users.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">🎉 Collaboration Announcement 🎉<br><br>🥳 Excited to announce our collaboration with <a href="https://twitter.com/babylon_chain?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@babylon_chain</a> to maximize <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BTC</a> staking yields, enhance its ecosystem, and bring new opportunities for our users. 🤗<br><br>Stay tuned for more updates! 🔔 <a href="https://t.co/MMefRApsct" target="_blank">pic.twitter.com/MMefRApsct</a></p>— DeSyn Protocol (@DesynLab) <a href="https://twitter.com/DesynLab/status/1815299677404713112?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 22, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="desyn-protocol-boosts-bitcoin-staking-with-babylon-partnership">DeSyn Protocol Boosts Bitcoin Staking with Babylon Partnership</h2> 
<p>DeSyn Protocol is a decentralized asset management infrastructure on <a href="https://blockchainreporter.net/glossary/web-3-0/" data-type="glossary" data-id="21088">Web3</a>. It enables a user to create and manage pool-based portfolios in a secure and transparent manner. These portfolios can consist of tokens, <a href="https://blockchainreporter.net/glossary/non-fungible-token/" data-type="glossary" data-id="21208">NFTs</a>, and derivatives, all of which are controlled by smart contracts.</p> 
<p>This partnership will seek to provide high returns on Bitcoin staking for the users of the DeSyn Protocol. The collaboration with Babylon means that DeSyn Protocol can provide better staking rewards for all parties involved. This partnership is expected to yield numerous improvements within the DeSyn ecosystem to make it more viable and appealing to users, new and old.</p> 
<h2 class="wp-block-heading" id="desyn-protocol-users-to-benefit-from-improved-staking-services-with-babylon-partnership">DeSyn Protocol Users to Benefit from Improved Staking Services with Babylon Partnership</h2> 
<p>The partnership will also use Babylon’s skills in the enhancement of staking solutions to help users of the DeSyn Protocol. In this way, they get the highest possible rewards from their invested Bitcoin. DeSyn Protocol and <a href="https://babylonchain.io/" target="_blank" rel="noopener">Babylon</a> are both dedicated to establishing a safe, open, and easy-to-use platform for the protection of digital assets.</p> 
<p>Overall, this partnership seems to be quite advantageous for DeSyn Protocol as the project keeps on developing and adding new services in the sphere of decentralized finances. As a result of this collaboration, the users of the platforms can expect improved staking services and an overall more active ecosystem.</p>

DeSyn Protocol Partners with Babylon to Enhance Bitcoin Staking Yields

Table of Contents

BlockchainReporter

Outros artigos publicados em 22 de jul. de 2024

Meme Coin Highlights: MOONHOP pre-sale delivers 4900% return, strong MOG Coin forecasts and Brett...

APECoin DAO Launches APE-Themed Hotel in Bangkok

Polymarket: Solana price will not reach an all-time high in 2024

MoonBag's Stage 7 Presale Rockets to $3.7 M, While JasmyCoin Sinks Amid Market Instability

Microsoft outage: How Bitcoin thrived during the global IT shutdown

How Biden’s Exit Affects Trump Themed Coins

Join our free newsletter for daily crypto updates!