What if Bitcoin could secure all of DeFi on Bitcoin Supercharged Networks?
And what if apps on BSNs like @babylonlabs_io Genesis were powered by Band Price Freds?
Welcome to Bitcoin-backed DeFi.
Read the full article:
Or let’s break it down 🧵👇
1/ What is a Bitcoin Supercharged Network (BSN)?
It’s a blockchain supercharged by Bitcoin staking.
Think of it as a smart contract platform that inherits Bitcoin’s security, liquidity, and user base that grows stronger as Bitcoin does.
That’s what Babylon Genesis brings to the table.
2/ Band Protocol x Babylon Genesis
We’ve integrated Band Price Feeds with the Babylon Genesis Testnet, bringing high-frequency, trustless Oracle feeds to the Bitcoin-backed ecosystem, secured by BTC staking.
This unlocks real-time data for lending, DEXs, synthetics & more.
3/ Why is this big?
Babylon Genesis enables PoS chains to use Bitcoin as a trust layer, and Band becomes one of the first oracles to tap into this power.
Data integrity + Bitcoin security = the future of decentralized finance
4/ Through CosmWasm Smart Contracts compatibility, Band Price Feeds streams secure price feeds for:
🔘 $BTC
🔘 $ATOM
🔘 $BAND
🔘 $USDC
🔘 $USDT
These ready-to-use price data are available on Babylon Genesis. So just build.
5/ How it works 🔧
✅ Market data requested from @coingecko, @binance, @CoinMarketCap
✅ Aggregated on BandChain w/ DPoS
✅ Pushed cross-chain to Babylon Genesis via trustless relayers
✅ Access via Band Standard Reference Smart Contracts
6/ Developers:
No more bootstrapping price feeds.
No more worrying about data freshness or centralization.
Just use this smart contract:
bbn17kazs0z8rj485fs0t8fs8azh507xsfa3c3ysz7u6jj2z5c0enn3s7swv78
And you're good to go.
7/ Let’s build the next generation of dApps together.
Start here:
🔗 BandChain Docs:
🔗 Babylon Genesis Docs:
🟣 Band Discord
🟠 Babylon Labs Discord
8/ We’re not stopping here.
🛠️ Mainnet integration
🤝 Future data collabs w/ DeFi protocols
🧪 Co-researching on other product offerings
🧭 24/7 monitoring and more
9/ Band Price Feeds live on the @babylonlabs_io Genesis Testnet marks a major milestone for us to dive deeper into the Bitcoin-backed ecosystem with Band Data Feeds, improving data integrity and accessibility.
10/ This is just the beginning. The future of Bitcoin-backed DeFi needs data infrastructure it can trust.
This is it. And it’s live. Come and build with us!
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