PumpBTC

PumpBTC is a liquid staking solution designed for Babylon, aiming to integrate DeFi into the Bitcoin ecosystem. By simplifying the staking process, users can stake their BTC into Babylon with a single transaction via PumpBTC and instantly receive liquidity tokens without any waiting period. Drawing inspiration from the "pump" meme culture within the Bitcoin community, PumpBTC seeks to maximize yields for BTC holders through Babylon’s liquid staking, essentially reimagining WBTC/BTCB with built-in native yield.

Security is a top priority for PumpBTC, ensuring BTC assets remain safe while benefiting from staking rewards. The platform partners with licensed custodians Cobo and Coincover, maintaining a strict 1:1 backing of native Bitcoin. This guarantees that users' BTC stays securely on the Bitcoin network while seamlessly participating in Babylon’s staking mechanism.

Beyond staking, PumpBTC enables users to integrate their staked Bitcoin into the broader DeFi ecosystem. Supporting Ethereum Virtual Machine (EVM)-compatible chains, as well as Layer 2 and Layer 3 solutions, it allows BTC to be used as collateral or liquidity provider (LP) tokens. Additionally, users can accumulate points through farming activities across different protocols, unlocking further benefits within the growing PumpBTC ecosystem.