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Babylon Labs Pitches Native Bitcoin Collateral For Aave V4

Babylon Labs Pitches Native Bitcoin Collateral For Aave V4

Photo: The Currency Analytics

Community Trust Score Verified 88 % Real Verified 24 votes Updated 8 hours ago Babylon Labs has moved forward with a proposal designed to integrate native Bitcoin collateral into Aave V4 through the use of Trustless Bitcoin Vaults, a move that would remove the requirement for wrapped BTC or the involvement of a central custodian. This project was formally presented to the Aave governance forum on October 14, representing a meaningful progression from what was previously a temperature check phase.

Source: The Currency Analytics

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