$BABY Babylon wants to let you borrow against your Bitcoin on Aave without selling it or bridging it. Your BTC would stay on Bitcoin, locked in a vault, and you could borrow stablecoins against it. Babylon posted the formal proposal on Aave's governance forum last week. It's not live yet, because more votes and audits still have to happen. Around 40,000 BTC were staked on Babylon when the proposal went up. I hold BABY. Babylon presents Double Down.
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