BOB Earn is a new 1-click Bitcoin DeFi portal, powered by BOB Gateway. It seamlessly connects Bitcoin stakers with leading liquid staking providers and DeFi opportunities, streamlining the on-ramping process and directly integrating a multi-billion dollar market into BOB's thriving DeFi ecosystem. Try it now at app.gobob.xyz/earn.

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Bitcoin liquid staking

Historically BTC holders haven’t had many options for using their prized assets. The arrival of BTC staking has introduced new ways for people to put their BTC to work. 

It is now possible for Bitcoin to be used as stake in POS protocols, earning rewards for helping to secure other networks. Another option is via tokenised yield products, where the staked BTC is used in DeFi or CeFi to generate a yield. 

When BTC is staked, the user receives the equivalent value in a Liquid Staking Token (LST) which is a direct representation of the staking position. And because they are “liquid”, in addition to earning any staking rewards, it is also possible to simultaneously use the assets within DeFi protocols for additional potential returns, such as on lending and borrowing platforms. 

Liquid staking has been a huge success on Ethereum. The ability to claim staking rewards and simultaneously use ETH LSTs in DeFi as collateral and for trading has created $44B in TVL. With Bitcoin’s 1.6 trillion dollar market being significantly larger than  Ethereum’s 320 billion market, the potential for BTC liquid staking could be far greater. With the introduction of BOB Earn, users can stake BTC into various LSTs or DeFi protocols in a single Bitcoin transaction, significantly reducing the time and cost compared to existing staking methods, and making it accessible to users of all experience levels.

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1-click access to BTC LSTs with BOB

BOB Earn is a revolutionary new product enabling 1-click Bitcoin staking into a wide variety of BTC Liquid Staking Tokens (LSTs). These LSTs can then be used across lending, borrowing, BTC-backed stablecoins and other DeFi protocols to further maximise the value of the staked BTC. This marks a significant advancement in the Bitcoin staking ecosystem, making BOB the go-to platform for BTC staking and DeFi. 

Through BOB Earn, users can access multiple Bitcoin staking options and strategies. For liquid staking, users can stake their BTC via Babylon's protocol through providers like Solv (xSolvBTC) and Bedrock (uniBTC), earning both Babylon points and partner rewards. BOB Earn also offers vault strategies such as Solv's BTC+, which provides automated yield optimization across multiple DeFi strategies.

BOB Earn is also the BTC staking partner of choice for multiple aggregators and wallets, including Xverse and their nearly 2 million users. Supported by best-in-class infrastructure partners such as Cobo, fBTC, wBTC, tBTC, and integrating prominent DeFi platforms including Oku (Uniswap V3), Sovryn, and many others, BOB Earn ensures that BTC LSTs on BOB can be utilized across the full DeFi landscape.

‍Alexei Zamyatin, co-founder of BOB, shared, “One click to stake them all. With the launch of BOB’s new BTC liquid staking portal and DeFi gateway, we are making it easier for users to stake their BTC in just one step. This milestone furthers our position as the main hub for Bitcoin liquid staking – setting DeFi projects on BOB to become the powerhouse of BTCFi.”

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Simple Integrations

For wallets and staking websites, the BOB Gateway SDK that powers BOB Earn provides a single integration, enabling access to dozens of BTC staking products and improving the user experience. 

For LST providers, BOB Earn offers greatly improved on-ramping UX as well as access to a large user base across the integrated wallets and aggregators. 

For DeFi protocols on BOB, there is potential access to billions of dollars of staked BTC as the backbone of a booming Bitcoin DeFi ecosystem.

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Bitcoin intents

Under the hood, the one-click BTC staking product is powered by BOB Gateway, a Bitcoin intent/RFQ-based swap protocol launched and further developed by BOB in 2024. BOB Gateway simplifies Bitcoin DeFi and staking deployments into a single BTC transaction, solving one of Bitcoin’s biggest pain points: UX. BOB Gateway uses cross-chain intents and Bitcoin light-client verification to ensure a completely trustless experience for users.  

Once a user has confirmed the final asset or position they desire (the intent), solvers compete to fulfill the intent. The user then simply needs to sign a single Bitcoin transaction sending the required amount of BTC to the winning solver. The BOB Gateway smart contract on BOB will validate this transaction and unlock the BTC LST position to the user. 

BOB Gateway and Bitcoin intents makes the staking process dramatically simpler for BTC holders. Now users can safely stake their BTC and receive an LST ready to use in BOB’s rich DeFi ecosystem, all in one transaction.

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Stake now

Stake BTC in a single transaction with BOB Stake. Put LSTs to work in BOB’s DeFi ecosystem and start earning rewards.. 

Get started at app.gobob.xyz/earn