Bitcoin Finance
summary
Panel argues Bitcoin becomes the shared security layer while Cosmos app chains and connectors capture yield; Thought Chain claims the live system routes across eight chains, runs with 110 anonymous node operators and generates roughly $100M in fees annually while still “halfway” to scale. Babylon reports about 1.5 billion TVL mostly from top LSTs (80–85%), plans an IBC-enabled Babylon chain to onboard BTC staking, and pursues trustless bridges, rollup research and multi-actor wallet UX; main constraints are Bitcoin dev conservatism, audit risk and market-equilibrium on yields.
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chapters (10)
- 0:00Introduction
- 0:23Thorchain founder’s reasons
- 3:14Thorchain machine future
- 5:44Thorchain multi-chain plans
- 8:52Babylon Bitcoin staking
- 13:07Babylon TVL and adoption
- 16:58Bitcoin as money layer
- 20:29Bitcoin staking resistance
- 23:17Babylon roadmap
- 28:13Bitcoin staking risks
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