Georgetown, Cayman Islands, June seventh, 2024, Chainwire – DeFi.Gold, a number one decentralized change (DEX) and NFT market on the Bitcoin blockchain, publicizes a strategic alliance with Babylonchain. This integration, out there by This fall 2024, will permit DeFi.Gold customers to stake Bitcoin (BTC) and earn native yields on different blockchains supported by Babylon, straight on the DeFi.Gold DEX.

Empowering Decentralized Finance

DeFi.Gold is on the forefront of innovation, growing one of many first DEXs for Bitcoin property following the Ordinals, Runes, Taproot Property, and RGB protocols, with a deliberate launch on the finish of June 2024.

This integration permits customers to profit from DeFi.Gold’s scalability and effectivity whereas incomes altcoin yields, opening new avenues for producing yields and enhancing ecosystem safety.

“We are thrilled to join forces with Babylon. This integration enhances our platform’s capabilities, offering our users new opportunities for participating in staking yields on many networks with BTC while contributing to their network security.” – Mona Coyle, CEO of DG Labs Ltd.

About DeFi.Gold

DeFi.Gold is revolutionizing the Bitcoin blockchain with its non-custodial decentralized change (DEX) and NFT market. Constructed on Bitcoin’s L1 and Lightning Community, it provides enhanced scalability, effectivity, and superior options. Supporting Taproot, RGB, and Rune-based tokens for its swap change, it permits buying and selling of assorted property, together with memecoins, utility tokens, DAO tokens, and stablecoins. Its NFT market enhances liquidity for creators and collectors.

The platform integrates with main Bitcoin net wallets and helps Lightning Community transactions for quick, low-cost operations. DGOLD, the governance token, empowers community-led choices, driving innovation in decentralized finance on the Bitcoin blockchain.

About Babylon

Babylon is a blockchain challenge that designs safety sharing protocols for the decentralized world, based in 2022 by Stanford Professor David Tse and Dr. Fisher Yu. Professor Tse is a member of the U.S. Academy of Engineering. He’s famend because the inventor of the legendary proportional-fair scheduling algorithm for wi-fi communications, and is the recipient of prestigious awards such because the IEEE Claude E. Shannon Award and the IEEE Richard W. Hamming Medal. The challenge is led by a group of consensus protocol researchers and skilled layer 1 engineers from all over the world.

Babylon’s mission is to scale Bitcoin to safe the decentralized world. To attain this, Babylon makes use of the three major sides of Bitcoin: its asset, its dependable timestamping service, and its most censorship-resistant blockspace on the planet. To leverage these sides, Babylon is growing three progressive security-sharing protocols: Bitcoin Staking Protocol, Bitcoin Timestamping Protocol, and Bitcoin Information Availability Protocol. By way of these pioneering protocols, Babylon envisions a safer and decentralized future.

Media Contact:

For DG Labs Ltd. ( DeFi.Gold):

E-mail: [email protected]

Web site: www.defi.gold

X: https://x.com/TeamDefiGold

For Babylonchain:

E-mail:[email protected]

Web site: www.babylonchain.io

X: https://x.com/babylon_chain

This press release incorporates forward-looking statements based mostly on present administration expectations. These statements will not be ensures of future efficiency and contain dangers and uncertainties. DeFi.Gold assumes no obligation to replace these statements.

Contact

CEO
Mona Coyle
[email protected]