Babylon is a suite of security-sharing protocols that bring Bitcoin鈥檚 unparalleled security to the decentralized world. The latest protocol, Bitcoin Staking, enables Bitcoin holders to stake their Bitcoin to provide crypto-economic security to PoS (proof-of-stake) systems in a trustless and self-custodial way.
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The Mattr One Protocol, Powered by Embr
As it stands today, DeFi infrastructure often makes the process of聽bridging聽cryptocurrency assets challenging and time-consuming. Users are typically required to follow a multi-step procedure, which includes馃尭ocking assets in a smart contract or with a custodian on the source blockchain.Minting new tokens on the destination blockchain, representing the original asset.Transferring the minted tokens to the destination blockchain for use on that network.Repeating a similar process to move assets back to the original blockchain, if desired.
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