PumpBTC serves as a liquid staking solution for Babylon. Its mission is to aggregate the currently divided BTC derivatives markets and expand the BTCFi’s landscape. Initially on the Binance Smart Chain (BSC) and Ethereum, with plans to expand to other EVM-compatible chains like Berachain and Base, pumpBTC allows users to stake various forms of Bitcoin (such as BTCB and WBTC) and receive $pumpBTC tokens in return. These tokens automatically accrue yields from the Babylon protocol, offering a seamless staking experience.