# 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.

## 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.
