Welcome back. This is the bi-weekly roundup covering protocol milestones, BTCFi progress, ecosystem activity, and more from across the Babylon community.
Babylon Founders Call: Building the Future of BTCFi
Babylon’s first founders quarterly call shared project milestones, including $5B in trustless BTC staking, new tech like multi-staking, EVM support, and the trustless Bitcoin vault, plus upcoming roadmap items.
The team addressed community concerns, outlined adoption progress, and invited developer, community, and meme contributions to grow BTCFi.
🔗 https://x.com/babylonlabs_io/status/1955645774047633825
Babylon Whitepaper: Trustless Bitcoin Vaults for the Future of BTCFi
Babylon’s new whitepaper introduces trustless Bitcoin vaults, enabling native BTC to power DeFi without bridges or custodians. Built on BitVM3, these vaults let BTC holders use their coins for lending, stablecoins, and perps while retaining full custody, integrating with Babylon’s staking protocol to boost capital efficiency and expand the BTCFi ecosystem.
🔗https://www.youtube.com/live/84tBYn6qot8?si=cCVCTMyY4Z6qkGJ-&t=7262
Babylon Foundation Social Airdrops Completed
The Babylon Foundation Social Airdrop has now concluded, and distribution is complete. Eligible participants who successfully registered by 12:00 PM UTC on Monday, August 4 have received their BABY tokens at their registered BABY address.
https://x.com/bbn_foundation/status/1953507224548257836
$100M ATA Deal Joins Babylon’s BTCFi Ecosystem
Baby BTC Strategic Capital, with the participation of the Babylon Foundation as fund subscriber, will invest $100 million into NASDAQ-listed ATA Creativity Global, gaining control of the company and integrating it with Babylon’s trustless Bitcoin staking ecosystem. The move aims to transform ATA into a hub linking traditional capital markets with BTCFi. ATA shall create a strategic reserve including BABY tokens and BTC.
🛠️ Tech in Motion: Protocol Updates
- The Babylon Genesis governance proposal for programmatic BABY deflation passed.
https://x.com/babylonlabs_io/status/1955388845815664978
🐲 Babylon Intern Takes the Mic
Turns out even branding battles aren’t safe from the intern’s influence. This week, management tried to crown gBabylon… but the intern had other plans, launching gBaby straight into orbit.
From naming skirmishes to meme warfare, the intern proves that Babylon Genesis is as much about culture as it is about Bitcoin infrastructure.
🔗 https://x.com/babylonlabs_io/status/1955690827579371615
🔭 Looking Ahead
- EVM testnet
- Multi-staking testnet
- Bonus Airdrop
- Trusteless BTC Vault testnet
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