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Role of Babylon in Bitcoin Staking and Staking on Various Chains
The chapter explores how Babylon serves as an intermediary chain between Bitcoin and different Cosmos chains for implementing Bitcoin staking. It discusses the architecture of Babylon, time stamping services, and the process of locking up Bitcoin to earn yield through time lock contracts on chains like Osmosis. The conversation also covers topics like restaking, mesh security systems, rewards calculation, yield generation, monetary policy upgrades, and revenue models for Babylon.