Bitcoin staking and restaking open doors for passive income with BTC – Here’s how
In August 2024, the launch of Babylon Protocol introduced the possibility to stake Bitcoin (BTC) and earn passive income from it while maintaining the self-custody security standard. Now, protocols like the Pell Network create another liquidity layer, introducing Bitcoin restaking in an omnichain approach. Finbold has also covered other ways investors can earn passive income with crypto, even getting rewarding exposure to the U.S. dollar. We have also reported on how Cardano is integrating Bitcoin natively to its decentralized finance ecosystem (DeFi), unlocking some doors to BTC staking. Passive income with Bitcoin staking via Babylon Protocol Interestingly, Babylon is gaining popularity thanks to its novel approach to BTC staking using programmable Features of the Bitcoin blockchain. The protocol leverages Bitcoin timestamps to lock BTC units in a self-custody wallet under two potential triggers. ...