On April 11, 2025, @satlayer announced Cube, a new liquid staking solution designed for BABY token holders. Through this system, users can stake their BABY tokens into Cube and receive cBABY, a liquid staking derivative.
cBABY not only provides standard staking rewards but also acts as a transferable asset that can be utilized across various DeFi platforms.
This enables users to earn passive income while maintaining liquidity and accessing broader defi opportunities.
Moreover, the integration with SatLayer’s restaking infrastructure allows for dual yield potential.
Staked BABY tokens are actively utilized both on the Babylon network and within SatLayer protocols, creating a secure and sustainable rewards mechanism.
Built on a foundation backed by $250 million in Bitcoin value, Cube is designed to optimize both security and liquidity.
It leverages Bitcoin’s economic strength through Babylon’s infrastructure while offering programmability and flexibility through cBABY.
This launch marks a significant step for the BABY ecosystem, signaling its entrance into the world of composable DeFi with a native Bitcoin security layer and dynamic reward structure.
Show original
4.39K
124
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.