💡Glossary

BTC

BTC is the native currency of the Bitcoin blockchain, used to transfer value, pay transaction fees, and store wealth digitally.

mBTC

mBTC is a cross-chain wrapped token pegged to BTC on a 1:1 basis and it does not accrue any underlying yield.

smBTC

smBTC stands for 'Staked mBTC.' smBTC is a yield-bearing, liquid staking token version of mBTC created by Babypie.

Babylon

The Babylon Staking Protocol enables Bitcoin holders to stake their native BTC to secure Proof-of-Stake systems and earn yield without requiring third-party custody or bridges.

Babypie

Babypie is a liquid staking platform that allows BTC staked on Babylon to be unlocked and utilized across DeFi through the mBTC token.

BBP Token

BBP is the governance token of Babypie, driving user engagement and aligning the platform's success with user benefits.

BTC Treasure Quest

Babypie's BTC Treasure Quest lets BTC Stakers earn Jewels, qualifying them for a BBP token airdrop and IDO allocation.

Jewels

Babypie Jewels track user participation and contributions on the platform, determining eligibility for the upcoming BBP token airdrop and IDO allocation, based on the total Jewels accumulated.