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BitVM2 and Babylon enhance Fiamma's network and economic security by providing robust security features. Intersubjective nodes further decentralize the Fiamma network, allowing any user to join the network without permission and become an intersubjective node.
Babylon is a blockchain project that designs two major Bitcoin-security sharing protocols, including Bitcoin timestamping and Bitcoin staking. The Bitcoin timestamping protocol sends succinct and verifiable timestamps of any data (such as PoS blockchains) to Bitcoin. The Bitcoin staking protocol allows Bitcoin the asset to provide economic security to any decentralized system through trustless and self-custodian staking.
FiaBTC.BBN is a liquid staking token (LST) for Bitcoin that represents the staked BTC on Babylon. FiaBTC.BBN allows Bitcoin holders to earn staking yields from both Fiamma and Babylon, plus multiple sustainable points and token rewards from Fiamma's esteemed partners.
Users can stake BTC into the Fiamma Staking Pool to earn Babylon staking yields and Flame Point. The rewards generated from staking to Babylon will be distributed to all participating stakers based on the amount of BTC provided by each staker, the staking period of each staker, etc.
In Phase-1 of the Babylon Bitcoin Staking protocol, the staking rules are as follows:
Top Security: The first BTC-secured universal ZK settlement network, enabling general ZK use cases in the Bitcoin ecosystem while bringing BTC-secured ZK-proof verification to Ethereum and beyond.Multiple Rewards: Earn Babylon PoS validating yields, Flame Point, and rewards from Fiamma's growing ecosystem partners.
Fiamma offers an exclusive Bitcoin Staking Pool for OVP and Massive Point holders of the Ola Network. Ola users will receive a 10% boost on Flame Point as a token of thanks.
Babylon Staking Yields: Earn rewards from Babylon Bitcoin Staking. Earn 1 Flame Point every hour for each 0.001 BTC staked with Fiamma. The rewards are distributed every 24hrs through a snapshot of users' staked BTC.
Staked BTC will be locked in the smart contract for a period, with the redemption timing aligned with Babylon's protocol rules.
Fiamma does not charge any additional fees beyond the standard transaction costs. Please note that users are responsible for their own Gas fees when staking on the BTC Network. Rest assured, Fiamma does not control or restrict your assets, giving you full control and flexibility over your investments.
You can earn Flame Points in several ways:
By earning Flame Points, you not only benefit from direct rewards but also gain access to exclusive perks through Fiamma's collaborations with top projects in the ecosystem, such as Babylon, Avail, and Nubit. After the Fiamma mainnet launch, stakers can look forward to potential airdrops, staking rewards, and other benefits including partner airdrops, Fiamma mainnet rewards, node incentives, and staking boosts.