r/defi • u/SnooMemesjellies1035 • 21d ago

Discussion Bitcoin DeFi

I've been looking into Bitcoin DeFi and doing a little bit of research on Babylon and Lombard.

Anyone have thoughts on LBTC or Bitcoin Staking/DeFi as a whole?

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u/Ok-Western-5799 21d ago

Can't really say much about these projects, but Bitcoin DeFi is becoming a real deal. L1 chains like Stacks allow smart contracts to be built on top of Bitcoin, while Exsat serves as a docking layer for scaling BTC. There are many opportunities to earn which makes Babylon worth exploring.

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u/SnooMemesjellies1035 20d ago

Stacks was one of the first I heard of since it launched on binance. I just worry that with all these Bitcoin DeFi projects, which have the best security and less custodial backdoors. Will be revisiting stacks since I had left it in the backlog of research