Babylon is a pioneering project that enables Bitcoin holders to stake their BTC in a self-custodial manner to enhance the security of Proof-of-Stake (PoS) networks. This innovative approach allows BTC holders to earn rewards while contributing to the stability of various blockchain ecosystems.
Established in 2022, Babylon was co-founded by Stanford University Professor David Tse and Dr. Fisher Yu. Their vision was to integrate Bitcoin's economic security with PoS systems, allowing BTC holders to earn yields without relying on intermediaries or bridging mechanisms. The project is headquartered in Palo Alto, United States.
