Validate and Secure
Finality Providers
250+
214
across the globe are integrated with the Babylon Bitcoin Staking protocol.
Finality Providers are validators that help secure Bitcoin Secured Networks (BSNs, which include PoS systems and rollups, among others) by adding bitcoin-backed finality.
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Babylon is always looking to grow its set of finality providers. Find out more about the requirements, expectations, and process to become a finality provider.
Frequently Asked Questions
Finality Providers (FPs) play a crucial role in securing the Bitcoin Secured Networks (BSNs) and are responsible for voting in a consensus process called "finality rounds" built on CometBFT. Think of them as validators who help guarantee the integrity of BSN.
FPs can also receive delegated bitcoin from other users who want to participate in staking but may not have the technical expertise or resources to run their own node. By delegating, users contribute to network security and earn a portion of the staking rewards.
Becoming a Finality Provider offers several benefits:
- Receive rewards: You can receive rewards in the form of tokens by participating in the finality process and receiving delegations from other users.
- Contribute to network security: You play an active role in securing Bitcoin Secured Networks and voting in finality rounds.
- Support the decentralized ecosystem: You contribute to the growth and development of Bitcoin Secured Networks.
While being a Finality Provider is rewarding, it's important to be aware of the risks:
- Slashing: If an FP acts maliciously (e.g., double signing or leaking their private key), they may be penalized through a process called "slashing," resulting in a loss of staked funds.
- Technical challenges: Running an FP node requires some technical expertise to operate.
There is no minimum Bitcoin requirement to become a Finality Provider in the Phase-1 mainnet. To get started, follow the comprehensive guide and resources you need to set up and run your own FP node.
We have a dedicated support channel on our Discord server specifically for Finality Providers. Join the discord community and head to the "│finality-providers" channel to connect with a team of experts.