Staking Snapshot

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The Bitcoin DeFi ecosystem is rising. Decentralized Finance on Bitcoin ( DeFi ) is no longer just a theoretical concept. Despite encountering some setbacks during its development, the momentum surrounding the release of Bitcoin as a digital gold alternative is steadily increasing. For a long time, Bitcoin has been regarded as mere digital gold, and the lack of DeFi smart contracts and decentralized packaging/bridging functions has limited the development of its ecosystem. However, this situation is changing. With a number of new protocols being launched on and around Bitcoin, we see the emergence of a true BTC native Decentralized Finance infrastructure. Some projects are leading in terms of technology and Total Value Locked (TVL), each addressing different aspects of the DeFi ecosystem. Bitcoin's staking layer A certain protocol can be likened to Ethereum's beacon chain, but is specifically designed for Bitcoin. It is a native Bitcoin staking protocol.