🎉 Big News for Bitcoin on Sui!
Babylon Labs, Lombard Protocol, and Cubist are bringing Programmable Bitcoin to Sui! Starting this December, Bitcoin holders can stake BTC and receive LBTC — a liquid staking token minted natively on Sui.
What’s at stake?
1️⃣LBTC will be a core asset in Sui’s DeFi ecosystem, enabling lending, borrowing, and trading.
2️⃣ Unlock $1.8 trillion of Bitcoin liquidity on Sui, with secure and scalable solutions from Cubist.
3️⃣ Bitcoin’s security + Sui’s programmability = next-gen financial services.
This collaboration opens the door for Bitcoin holders to tap into Sui’s powerful ecosystem without compromising security. Get ready for the future of DeFi on Sui! And stay tuned for more updates.
*For further detail, head to https://blog.sui.io/babylon-labs-lombard-protocol-cubist-bitcoin-lbtc/
Babylon Labs, Lombard Protocol, and Cubist are bringing Programmable Bitcoin to Sui! Starting this December, Bitcoin holders can stake BTC and receive LBTC — a liquid staking token minted natively on Sui.
What’s at stake?
1️⃣LBTC will be a core asset in Sui’s DeFi ecosystem, enabling lending, borrowing, and trading.
2️⃣ Unlock $1.8 trillion of Bitcoin liquidity on Sui, with secure and scalable solutions from Cubist.
3️⃣ Bitcoin’s security + Sui’s programmability = next-gen financial services.
This collaboration opens the door for Bitcoin holders to tap into Sui’s powerful ecosystem without compromising security. Get ready for the future of DeFi on Sui! And stay tuned for more updates.
*For further detail, head to https://blog.sui.io/babylon-labs-lombard-protocol-cubist-bitcoin-lbtc/