Bitcoin restaking protocol Chakra integrates with Babylon
Golden Finance reported that Chakra, a Bitcoin re-pledge protocol based on zero-knowledge technology, issued a statement stating that it has been integrated with the Bitcoin pledge protocol Babylon. Chakra can map BTC pledged through Babylon to any ecosystem through the trustless settlement service/layer of the Chakra network. , Babylon ensures the security of the PoS system within its protocol by utilizing BTC pledged by Chakra, allowing stakers to share verification rewards; the ZK-STARK pledge proof generated by Chakra enables users to stake on Chakra Chain, Starknet and various other blockchains Acquire liquid assets. Additionally, the collaboration between Chakra and Babylon has expanded into other areas, including the introduction of the Babylon Bitcoin Staking Protocol into different consensus protocols.
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