Babypie
  • ๐Ÿ“ƒTerms and Conditions
  • ๐Ÿ“บBabypie Introduction
    • ๐ŸŸ Bitcoin
    • โฌ›Babylon
      • โš™๏ธFinality Providers
      • ๐ŸŒSystems
      • ๐Ÿ•น๏ธStaking / Liquid Staking
  • ๐Ÿ’ปHow to stake BTC via Babypie
    • ๐Ÿ”ธStake WBTC via Ethereum
    • ๐Ÿ”ธStake WBTC via Arbitrum
    • ๐Ÿ”ธStake BTCB via BNB Chain
    • ๐Ÿ”ธStake BTC using OKX Wallet
    • ๐Ÿ”ธStake BTC using Bybit Wallet
    • ๐Ÿ”ธStake BTC using the Electrum BTC Wallet and an Ethereum Wallet
  • โš™๏ธBabypie's Architecture
  • ๐Ÿ’ŽBabypie's BTC Treasure Quest
    • ๐Ÿ‘ฅRefer and Earn More
    • ๐ŸงฎExample of Jewels Accumulation
  • โšชmBTC
  • ๐Ÿ’งsmBTC
  • ๐Ÿช™BBP Token
    • โš™๏ธBBP Tokenomics
  • ๐Ÿ“‘Smart Contracts
  • ๐Ÿ”Reference
    • ๐Ÿ’กGlossary
  • ๐Ÿ“กOfficial Links
  • ๐Ÿ“ฝ๏ธMedia Kit
  • ๐Ÿ”Security
    • ๐Ÿ“ƒSupremacy Audit
    • ๐Ÿ“ƒPeckshield Audit
    • ๐Ÿ“ƒAstrasec Audit
  • โ“FAQ
  • ๐ŸŒ‰CCIP Bridge
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mBTC

BTC-pegged 1:1 wrapped token

PreviousExample of Jewels AccumulationNextsmBTC

Last updated 9 months ago

mBTC can only be minted by depositing BTC into Babypie. mBTC is a cross-chain wrapped token pegged to BTC on a 1:1 basis and it does not accrue any underlying yield. If you simply hold mBTC in your wallet, you wonโ€™t earn rewards. To earn yield, users need to stake mBTC as smBTC or provide liquidity for mBTC on a DEX.

Benefits for mBTC holders:

mBTC can be staked as smBTC via Babypie to earn yield from BTC staking on Babylon.

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