DigiFinex will list PumpBTC (Governance token)(PUMP). The specific time schedule is as follows:
- Time of opening deposit: TBC
- Time of opening trading: Apr. 14th 2025 9:00(UTC)
- Time of opening withdrawal: TBC
- Trading pair: PUMP/USDT
Project name: PumpBTC (Governance token)(PUMP)
Official website(Click to View)
Blockchain explorer(Click to View)
Token Introduction:
PumpBTC serves as a liquid staking solution for Babylon. Its mission is to aggregate the currently divided BTC derivatives markets and expand the BTCFi’s landscape. Initially on the Binance Smart Chain (BSC) and Ethereum, with plans to expand to other EVM-compatible chains like Berachain and Base, pumpBTC allows users to stake various forms of Bitcoin (such as BTCB and WBTC) and receive $pumpBTC tokens in return. These tokens automatically accrue yields from the Babylon protocol, offering a seamless staking experience. Prioritizing security, PumpBTC doesn't directly hold user assets but instead collaborates with professional, licensed custodians like Cobo MPC and Coincover. This approach significantly reduces risks associated with traditional bridges (such as Multichain, Nomad, etc) while still enabling additional yields. The custodians handle the delegation of equivalent native BTC to Babylon's Finality Provider on the Bitcoin mainnet and manage the distribution of rewards to users. This comprehensive system ensures that PumpBTC never directly handles user assets, minimizing security risks while maximizing potential returns. By combining multi-chain accessibility, professional-grade asset security, real-time transparency, and efficient yield generation, PumpBTC offers a unique solution in the DeFi landscape. It provides a safe and profitable way for Bitcoin holders to participate in Babylon Staking across various blockchain ecosystems, all while maintaining the security, liquidity, and integrity of their original assets.
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Official Register link: https://www.digifinex.com/en-ww/from/C9JT9c?channelCode=ljaUPp
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Canadian Market Disclaimer:
The products mentioned is not eligible for the Canadian market in line with the Pre-Registration Undertaking applicable to DigiFinex. Where technologically feasible, DigiFinex has implemented measures to avoid the dissemination of relevant promotional material to Ips originating from within Canada (apply to all new listings and products except BTC/ETH vs Fiat/USDC pairings).
DigiFinex Team
Apr. 14th, 2025
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