Similar to existing BTC restaking solutions, b14g tackles the pain points of two key participants: BTC holders and DApps. BTC holders have idle BTC in their wallets with limited earning potential, while PoS chains and DApps require capital for security but struggle to attract it without resorting to unsustainable high staking yields and inflation.
However, what sets b14g apart is its unique selling point: We keep your BTC safe with no-loss staking.
Some current solutions require users to bridge their BTC to PoS chains through centralized custodians, relinquishing control of their BTC to these custodians. Other solutions allow remote staking of BTC into a vault on the Bitcoin chain, giving users control over their BTC. However, these vaults may be subject to slashing based on events from the PoS chain, introducing vulnerabilities that could result in BTC loss.
With b14g`&lsquo s no-loss staking, we offer unique BTC-merged tokens staking. Users can stake a merged token formed from BTC and the native token of the protocol, enabling slashing on the native token while keeping BTC safe from penalties. Just as no one would burn gold, your BTC remains secure in the vault on the Bitcoin chain. We ensure that your BTC stays untouched and protected, barring any attacks from the PoS chain, unless someone gains access to your private key.