2 months ago
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Bitrue has announced the launch of a new dual rewards program for Bitcoin (BTC) in collaboration with Babylon Labs, set to go live on Monday, December 9th.
This innovative program offers Bitcoin holders an opportunity to earn Babylon Points and additional BTC rewards with up to 2.3% APR, providing a unique way to maximize Bitcoin holdings.
The initiative is designed for long-term BTC holders seeking to leverage their investments for multiple benefits.
The dual rewards program combines the simplicity of staking with the potential for higher returns, making it a convenient option for both new and seasoned crypto investors.
Earn Babylon Points and BTC rewards
Participants in the program can stake their BTC on Bitrue to earn Babylon Points, which can later be redeemed for rewards.
Alongside these points, users will also receive daily BTC rewards at an annual percentage rate (APR) of up to 2.3%.
This dual-rewards mechanism ensures that users benefit from both immediate and long-term incentives, making it an appealing option for Bitcoin enthusiasts.
#Bitrue and @babylonlabs_io is bringing #Bitcoin staking to you! ☑️ Access maximum yields ☑️ Secure and scalable restaking ☑️ Fast unbonding ☑️ Earn Babylon points and staking rewards! Access the world’s first self-custodial #BTC staking mainnet on #Bitrue today! Join now!…
According to Bitrue, joining the program is straightforward. Users can simply stake their BTC on the platform with a few clicks, while the rest of the process is automated.
This user-friendly approach allows participants to focus on maximizing their earnings without navigating complex procedures.
Powered by Babylon Labs’ DeFi innovations
The program is made possible by Babylon Labs, a team dedicated to integrating decentralized finance (DeFi) solutions with Bitcoin.
By staking BTC, users not only earn rewards but also contribute to decentralizing and enhancing the security of Bitcoin-based projects.
Babylon Labs has developed innovative solutions to enable BTC holders to engage with DeFi in meaningful ways.
This collaboration underscores the growing synergy between DeFi and Bitcoin, as platforms like Bitrue and Babylon Labs work to create more accessible and rewarding opportunities for users.
Trade BTC to join the program
For those without BTC holdings, Bitrue offers a BTC/USDT trading pair to acquire Bitcoin before the program’s launch.
The ability to trade and stake Bitcoin directly on the platform simplifies the process for newcomers looking to participate.
A new era of BTC staking rewards
This dual rewards program represents a significant step in bridging Bitcoin with DeFi innovations.
With Babylon Points and daily BTC rewards, Bitrue’s collaboration with Babylon Labs is set to attract a wide range of investors, from casual holders to dedicated crypto enthusiasts.
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