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!