BOB ("Build on Bitcoin") Announces Integration of One-Click BTC Staking into the Everstake platform

Integration of the BOB Stake SDK will permit Everstake to supply their retail and institutional customers entry to Bitcoin staking with only one click on

LONDON, Oct. 3, 2024 /PRNewswire/ — BOB (“Construct on Bitcoin“), a first-of-its-kind hybrid Layer-2 combining the very best of each Bitcoin and Ethereum, introduced that Everstake, a number one blockchain service supplier targeted on staking, is bringing the BOB Stake one-click Bitcoin staking answer to the Everstake platform. This collaboration will present as much as 900,000 retail and institutional customers safe and easy entry to Bitcoin staking. The mixing can be rolled out regularly, beginning with Bitcoin holders, providing a phased launch for particular buyer segments.

Based in 2018 by a group of skilled blockchain engineers, Everstake has made its title as one of the dependable validators on the Proof-of-Stake scene. This newest integration underscores Everstake’s dedication to constructing options that may improve individuals’s interactions with Bitcoin, unlocking alternatives that have been as soon as past attain.

“Lots of our long-standing prospects, who’ve staked with us on all kinds of POS chains, additionally maintain vital BTC belongings,” stated Sergii Vasylchuk, CEO of Everstake. “With the combination of BOB Stake, we’re excited to supply them a simple, one-click BTC staking answer—immediately from the staking platform they know and belief. Our prospects can confidently maximize the potential of their BTC with the identical stage of safety and reliability they’ve come to count on.”

BOB Stake is a one-click Bitcoin staking portal and SDK that seamlessly connects Bitcoin stakers to main liquid staking suppliers. By simplifying the on-ramping course of, BOB Stake integrates the multi-billion-dollar Bitcoin market into its thriving DeFi ecosystem.

“Everstake is an extremely well-regarded retail and institutional staking supplier,” Alexei Zamyatin, co-founder of BOB, added. Their integration of the BOB Stake SDK opens up one-click BTC staking to a complete new viewers group, dramatically growing the potential BTC liquidity that may very well be deployed into the massive variety of premium LST and DeFi companions built-in into the BOB Stake ecosystem.”

This collaboration is especially vital for institutional customers, who’ve more and more sought safe methods to higher make the most of their Bitcoin holdings. By integrating BOB Stake into Everstake’s platform, institutional traders can now simply stake their Bitcoin and entry liquid staking functionalities, optimizing their belongings whereas sustaining full safety. The simplified technique of one-click staking allows each retail and institutional customers to have interaction within the rising DeFi ecosystem effortlessly.

The BOB Stake integration opens the door to a bigger viewers of BTC holders, enabling them to take part in DeFi with ease. The result’s a possible inflow of BTC liquidity into the DeFi market on BOB, increasing alternatives for customers, BTC LST suppliers and DeFi protocols.

To study extra about Everstake, go to everstake.one. To study extra in regards to the BOB ecosystem and BOB Stake, go to gobob.xyz, or observe BOB on X at @build_on_bob.

About BOB (“Construct on Bitcoin“)

BOB (“Construct on Bitcoin“) is a first-of-its-kind hybrid Layer-2 powered by Bitcoin and Ethereum. By combining the safety, liquidity, userbase, and innovation of the 2 largest blockchain ecosystems, BOB closes the hole between Bitcoin as a car for mass adoption and Ethereum as a hub for innovation. That is achieved via BOB’s rollup ecosystem that may use Bitcoin for safety whereas enabling customers to entry all of the on and off-ramps, dapps, stablecoins, NFTs, DeFi, and so forth. made attainable by Ethereum‘s EVM. BOB is backed by Fortress Island Ventures, Coinbase Ventures, Mechanism Capital, Bankless Ventures, and different high-profile VCs and is positioned to grow to be probably the most safe and accessible Layer-2 for builders and customers.

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