Can Bitcoin Earn You YIELD?? Babylon Bitcoin Staking Explained!!

[@CoinGecko]

Do you think staking is the best way to use BTC?

[@ShahinParbaj-l9z]

Earn system update again.

[@matad4002]

No, definitely not: never loose custody of your BTC and risk loosing them 😬😱

[@kegenjund0]

Nope

[@ograndemito]

Bad idea

[@bishoptrading2024]

anyone who stakes btc with third party be aware of losing it all together. staking rewards are not worth it imo.

[@matad4002]

Totally agree 👍

[@bishplish]

After celsius there is no way i’ll put my btc to yield. That could be the next celsius when bear market arrives and you won’t get your hard earned btc or get less than what u invest in there! No thanks!

[@coolrip007]

Only if i can stake from my wallet and keep complete ownership! sure. but we dont need another Sam Fried!

[@chelsonnen6080]

My vote is to stay true to Satoshi's vision.

[@istand4truth]

I have zero faith on these protocols in protecting my assets.

[@matad4002]

Totally agree.

[@CryptoCapri]

❗️

[@konnymantv1501]

core is first self custodian bitcoin staking not babylon

[@Tony181178]

Babylon's Symbol reminds me Celsius's Symbol. I'm still crying for 130K lost all at once. Stay away from this shit.

[@koningklootzak7788]

Sounds good. How secure is Babylon?

[@CryptoWasabi]

On freebit... you have 4% APY from the very beginning, which is more than 10 years.

[@alexwolf4000]

is my private keys exposed for slashing to happen ? in my understanding only the rewards get slashed not BTC kindly explain this

[@jayiix]

Perhaps this is the (future/present) way to HODL and is ultimately less risky than selling however a way to capitalize on HODLing, compared to lending your bitcoin for yield.

[@mehdip4012]

❤❤❤

[@twokmedia]

First BTC 100k 🎉 what’s next?

[@DonteeWeaver]

👀

[@ChairmanHehe]

"not a smart contract" is semantics here to be fair

[@AdamPFarnsworth]

Remember that Babylon is built on the Cosmos SDK! Cosmos really has the best tech in crypto (just the worst marketing lol). All chains built with Cosmos SDK are their own L1 chain, and are connected through IBC, so its simple to move coins from Cosmos HUB (ATOM), Babylon, Osmosis, Passage, etc. Each is its own sovereign block chain, but all communicate easily!

[@IFireball84]

Let others test the safety of this network first, for a certain period of time. And keep your BTC to yourself. ;)

[@MIKEBernhardt-n7n]

Bitcoin is definitely here to stay, Presales has begun and we are in the next bull market to new all time highs.