Babylon

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Enter to Babylon
⭐ All 👥 Social Media 🔽 Install Wallet 🛠 Extension Browser 🚰 Claim Faucet 🫙 Staking 👋 Register 🔍 Explorer 🛰️ Galxe Quest 🤝 Swap 🐦‍⬛ Transfer asset(s) 🌈 Bridge ⬇️ Deposit Liquidity 🪼 Liquid Staking 🤴 Claim Role

Liquid Staking BTC Strategy

Get some WBTC


Make a simple swap on jumper Exchange 🔗 Open and get some WBTC on Arbitrum
Open
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Transfer WBTC to Bitcoin (Taproot)


👉 Connect your Wallet Metamask
👉 Select Arbitrum
👉 Enter the amount WBTC to transfer

on the other side :
👉 Install OKX Wallet
👉 Manage crypto and add Bitcoin
👉 Select Bitcoin and get your Taproot Address

Copy/Paste your Address Taproot to receive your BTC from Arbitrum.

On the right side, click on Deposit and then Claim BTC

👨‍🚀 Note that it can take up to 1 hour to get the transfer done. Be patient
Open


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Liquid Staking : Lorenzo Protocol


👉 Connect your Wallet OKX on Lorenzo Protocol 🔗 Open
👉 Enter the amount BTC to Deposit
👉 Execute transaction
✅ Deposit completed

You will get stBTC on the Lorenzo Protocol Layer
Reminder: Withdrawal of staked BTC will be available on Aug 31 2024, withdrawal is not supported before that.
Open
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