bitcoin
bitcoin

$98573.116951 USD

0.61%

ethereum
ethereum

$3472.170507 USD

-0.92%

tether
tether

$0.999150 USD

0.01%

xrp
xrp

$2.284545 USD

-1.94%

bnb
bnb

$704.224242 USD

1.09%

solana
solana

$197.680409 USD

-0.51%

dogecoin
dogecoin

$0.331320 USD

-2.38%

usd-coin
usd-coin

$1.000005 USD

-0.01%

cardano
cardano

$0.911849 USD

-3.78%

tron
tron

$0.256277 USD

-0.74%

avalanche
avalanche

$40.565937 USD

-0.87%

chainlink
chainlink

$24.647643 USD

-0.93%

toncoin
toncoin

$5.940621 USD

2.77%

shiba-inu
shiba-inu

$0.000023 USD

-2.27%

sui
sui

$4.492831 USD

-3.42%

Cryptocurrency News Articles

Bitcoin network. Babylon issues a synthetic Bitcoin (sBTC) token, representing the staked BTC, which can be used across various DeFi platforms.output: title: Discover The Top 7 DeFi Staking Platforms In 2025

Dec 25, 2024 at 11:37 am

As the cryptocurrency industry has developed, staking has become an indispensable cornerstone, playing a crucial role in network security and investor participation.

Bitcoin network. Babylon issues a synthetic Bitcoin (sBTC) token, representing the staked BTC, which can be used across various DeFi platforms.output: title: Discover The Top 7 DeFi Staking Platforms In 2025

of the Bitcoin network. This innovation opens up new possibilities for integrating Bitcoin into decentralized finance.

Key Features of Babylon

Direct Bitcoin Staking: Babylon provides a direct avenue for staking Bitcoin, eliminating intermediaries and enabling users to participate in the network's consensus mechanism.

Non-Custodial Staking: Babylon operates as a non-custodial platform, ensuring users maintain control over their assets throughout the staking process.

Modular Architecture: Babylon's modular design allows for future integration with various DeFi protocols, expanding the utility of staked Bitcoin.

Supported Staking Assets

Babylon primarily supports staking for Bitcoin (BTC). Users can stake any amount of BTC and earn staking rewards.

BABL Token and Its Utility

Babylon's native token BABL plays several key roles within the ecosystem:

Governance: BABL holders can participate in protocol governance, influencing decisions related to parameter adjustments, treasury management, and overall strategic direction.

Staking Rewards: By staking BABL, users can earn additional rewards.

Summary

Babylon has quickly become a significant player in the DeFi space, attracting a large community of users. As of December 2024, over 200,000 BTC have been staked through Babylon, highlighting its strong adoption and the growing demand for integrating Bitcoin into DeFi.output: Top 7 DeFi Staking Platforms In 2025: A Comprehensive Guide

As the cryptocurrency industry continues to evolve, DeFi staking has emerged as a crucial aspect, offering both passive income opportunities and a means of contributing to blockchain network security. In 2025, several DeFi staking platforms are poised to make a significant impact, each catering to specific needs and offering unique advantages. This article will delve into the top 7 DeFi staking platforms to keep an eye on, providing an overview of their key features, supported assets, and native tokens.

1. Lido Finance

Lido Finance is a decentralized liquid staking protocol that allows users to stake their crypto assets and earn rewards without locking them up for extended periods. By issuing liquid staking tokens (LSTs), such as stETH for Ethereum, Lido enables users to participate in staking and simultaneously utilize their assets within the broader DeFi ecosystem.

Key Features of Lido Finance

Provides a simple and accessible gateway for users to participate in staking, even with smaller amounts of cryptocurrency.

Offers high annual percentage rates (APRs) on staked assets, making it an attractive proposition for those seeking passive income.

Employs advanced security measures, including experienced node operators and regular audits, to safeguard user funds and minimize risks such as slashing penalties.

Lido's native token, LDO, serves as a governance token, allowing holders to participate in protocol decisions and vote on key parameters.

Supported Staking Assets

Lido supports staking for various cryptocurrencies across different networks, including:

Ethereum (ETH): Stake ETH and receive stETH.

Polygon (MATIC): Stake MATIC and receive stMATIC.

Solana (SOL): Stake SOL and receive stSOL.

Polkadot (DOT): Stake DOT and receive stDOT.

Kusama (KSM): Stake KSM and receive stKSM.

LDO Token and Its Utility

Lido's native token LDO has multiple functions within the ecosystem:

Governance: LDO holders can participate in Lido DAO, voting on key decisions such as protocol upgrades, fee structures, and node operator selections.

Incentives: LDO tokens can be used to incentivize liquidity providers and users contributing to the growth and stability of the Lido protocol.

2. Pendle Finance

Pendle Finance is a DeFi protocol that allows users to tokenize and trade future yields of yield-bearing assets. By separating the principal and yield portions of an asset, Pendle adopts more advanced yield management strategies, including fixed income, speculation on future yield fluctuations, and unlocking liquidity from staked assets. This innovative approach brings traditional financial concepts (such as interest rate derivatives) into the DeFi space, providing users with greater control and flexibility over their investments.

Key Features of Pendle Finance

Pendle allows users to wrap yield tokens into standardized yield (SY) tokens, which can then be split into principal tokens (PT) and yield tokens (YT). This separation enables independent trading of the principal and future yield portions, facilitating strategies such as locking in fixed income or speculating on yield fluctuations.

Pendle's Automated Market Maker (AMM) is designed specifically for time-decaying assets like YT, providing optimized pricing and minimal slippage. It supports concentrated liquidity and dynamic fee structures, enhancing capital efficiency and reducing impermanent loss for liquidity providers.

Pendle employs a voting escrow token model, allowing users to lock PENDLE tokens to receive vePENDLE. This mechanism grants governance rights, enabling holders to participate in protocol decisions, provide direct incentives to specific liquidity pools, and earn a share of protocol revenue.

Supported Staking Assets

Pendle supports various yield-bearing assets across multiple blockchain networks, including:

Ethereum (ETH): Pendle allows tokenization and trading of assets

News source:www.chaincatcher.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Dec 25, 2024