Trump policies could take DeFi, BTC staking mainstream: Redstone co-founder

November 16, 2024 Coin Telegraph

Bitcoin

Trump’s administration could push DeFi from niche to mainstream, with crypto advocates eyeing potential pro-crypto policy shifts.

Donald Trump’s return to office in 2025 has sparked speculation throughout the crypto industry surrounding how his administration may influence digital finance.

Marcin Kaźmierczak, co-founder and chief operations officer at RedStone, suggested in an interview with Cointelegraph that the new Donald Trump administration “could drastically propel” the expansion of decentralized finance (DeFi).

Kaźmierczak also explained that Bitcoin (BTC) price surges “typically” trigger increased DeFi service activity, stating that “as BTC escalates, it doesn’t just climb in isolation; it lifts the entire DeFi sector.”

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

Solv Protocol Raises $25M in Total Funding to Drive Bitcoin Staking Adoption, Potentially Unlocking $330B in Value

October 15, 2024 Bitcoin.com

Solv Protocol Raises M in Total Funding to Drive Bitcoin Staking Adoption, Potentially Unlocking 0B in Value

binance Labs

Solv Protocol has raised $11 million in a strategic funding round, bringing its total funding to $25 million at a valuation of $200 million. This capital will advance the company’s mission to revolutionize Bitcoin staking through its Staking Abstraction Layer (SAL). The funding round attracted participation from prominent investors, including Laser Digital, Blockchain Capital, and […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

BOB Announces Integration of One-Click Bitcoin Staking on Everstake Platform

October 4, 2024 Bitcoin.com

bitcoin liquidity

BOB, also known as “Build on Bitcoin,” has partnered with blockchain service provider Everstake to introduce a one-click bitcoin staking solution. The integration offers access to staking, aiming to appeal to both retail and institutional investors. Everstake to Gradually Roll out BOB’s One-Click Bitcoin Staking According to the announcement, the integration of BOB Stake into […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

Bitcoin L2 BOB Launches ‘One-Click’ BTC Staking Solution

September 17, 2024 Bitcoin.com

Bitcoin intents

BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications. BOB Introduces One-Click Bitcoin Staking Portal and SDK According to the announcement […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

DeFi Technologies launches Core chain validator, stakes 1,498 Bitcoin

June 11, 2024 Coin Telegraph

Bitcoin staking

In May, the partners launched the first yield-bearing BTC ETP in Scandinavia.

DeFi Technologies will launch a validator node on Core Chain and stake almost $100 million in Bitcoin (BTC) on it. Toronto-based DeFi Technologies will receive rewards for validating transactions and staking rewards through its subsidiary Valour.

Staking is enabled by Core’s Ethereum Virtual Machine-compatible consensus mechanism on its layer-1, BTC-powered blockchain. DeFi Technologies CEO Olivier Roussy Newton said:

Stakers retain custody of their BTC throughout the lockup period and receive rewards in CORE token, which is reinvested in the product. Staked CORE provides a reward of 11.66%.

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution

May 15, 2024 Coin Telegraph

Bitcoin DeFi

pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency.

Binance Labs-backed liquid staking protocol pStAKE Finance has unveiled its liquid staking solution for Bitcoin in the latest development for Bitcoin-native decentralized finance (DeFi).

pSTAKE Finance’s solution, built on top of Babylon’s Bitcoin staking protocol, aims to simplify the Bitcoin staking process and offer additional yield generation opportunities for Bitcoin (BTC) holders.

The protocol decided to build Bitcoin-based staking solutions from a fundamental belief in the world’s oldest cryptocurrency, aiming to make it a yield-generating asset, according to Mikhil Pandey, the co-founder and chief strategy officer of pSTAKE Finance.

BTC staking

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