SatLayer Launches on Babylon Genesis Mainnet, Bringing Secure Liquidity to Bitcoin DeFi

SatLayer’s Phase I launch on Babylon Genesis marks a significant milestone in bringing Bitcoin’s liquidity and economic security to new heights within the decentralized finance (DeFi) ecosystem. This partnership with Cube, a native liquid staking solution built for Babylon Genesis’ BABY token, unlocks a range of use cases for applications and infrastructure. 💰 💻 By enabling under-collateralized loans, slashing insurance, and on-chain prime brokerage on Babylon Genesis’ L1 blockchain, SatLayer expands the capabilities of Bitcoin DeFi.