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Home»DeFi»DeSyn Protocol Partners with Babylon to Enhance Bitcoin Staking Yields
DeFi

DeSyn Protocol Partners with Babylon to Enhance Bitcoin Staking Yields

2024-07-22No Comments2 Mins Read
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DeSyn Protocol has announced a new collaboration with Babylon to enhance BTC staking yields. This collaboration will strengthen its ecosystem, and provide new opportunities for its users.

🎉 Collaboration Announcement 🎉

🥳 Excited to announce our collaboration with @babylon_chain to maximize #BTC staking yields, enhance its ecosystem, and bring new opportunities for our users. 🤗

Stay tuned for more updates! 🔔 pic.twitter.com/MMefRApsct

— DeSyn Protocol (@DesynLab) July 22, 2024

DeSyn Protocol Boosts Bitcoin Staking with Babylon Partnership

DeSyn Protocol is a decentralized asset management infrastructure on Web3. It enables a user to create and manage pool-based portfolios in a secure and transparent manner. These portfolios can consist of tokens, NFTs, and derivatives, all of which are controlled by smart contracts.

This partnership will seek to provide high returns on Bitcoin staking for the users of the DeSyn Protocol. The collaboration with Babylon means that DeSyn Protocol can provide better staking rewards for all parties involved. This partnership is expected to yield numerous improvements within the DeSyn ecosystem to make it more viable and appealing to users, new and old.

DeSyn Protocol Users to Benefit from Improved Staking Services with Babylon Partnership

The partnership will also use Babylon’s skills in the enhancement of staking solutions to help users of the DeSyn Protocol. In this way, they get the highest possible rewards from their invested Bitcoin. DeSyn Protocol and Babylon are both dedicated to establishing a safe, open, and easy-to-use platform for the protection of digital assets.

Overall, this partnership seems to be quite advantageous for DeSyn Protocol as the project keeps on developing and adding new services in the sphere of decentralized finances. As a result of this collaboration, the users of the platforms can expect improved staking services and an overall more active ecosystem.

See also  90% of Bitcoin holders are in profit - Should you buy more or sell?

Babylon Bitcoin DeSyn Enhance Partners Protocol staking Yields
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bitcoin
Bitcoin (BTC) $ 116,366.18
ethereum
Ethereum (ETH) $ 3,646.91
xrp
XRP (XRP) $ 3.06
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 776.11
solana
Solana (SOL) $ 181.48
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.227089
staked-ether
Lido Staked Ether (STETH) $ 3,642.99
tron
TRON (TRX) $ 0.316207