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Bitcoin L2 Network BOB Launches BOB Stake, Supporting One-Click BTC Staking

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September 16, 2024
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BOB Launches BOB Stake: A One-Click Bitcoin Staking Platform

According to official announcements, BOB, a Bitcoin Layer-2 network, has launched BOB Stake, a one-click Bitcoin staking portal and SDK for liquid Bitcoin staking. BOB Stake allows users to stake Bitcoin into various types of BTC LSTs (Liquid Staking Tokens) with a single click. These LSTs can be used for lending, BTC-backed stablecoins, and other DeFi protocols, maximizing the value of staked Bitcoin.

BOB Stake utilizes Babylon Bitcoin staking as its core staking layer and will soon integrate CeFi and DeFi tokenized yield products as additional options. It will support various LSTs built upon these diverse products, including Solv, Bedrock, Chakra, PumpBTC, and others.

Additionally, BOB Stake serves as a BTC staking partner for multiple aggregators and wallets.

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