Direct BTC staking on bitrue: Bitrue, a Canadian crypto exchange, now enables users to stake Bitcoin directly through its platform without requiring bridges or smart contracts. Babylon Labs provides an innovative staking solution with “Babylon Points,” similar to staking protocols on Ethereum and Solana.

2.3% apr and user benefits: Bitrue offers a 2.3% annual percentage rate (APR) on staked Bitcoin. Users can monitor their rewards and Babylon Points easily on their dashboard. Adam O’Neill, Bitrue’s CMO, sees this as a significant advancement in DeFi, emphasizing its potential to create new opportunities for consumers and developers alike.