$BOB is coming and it's coming with a lot of utilities for bitcoin lovers.
so while you're planning to join the presale, this is what you should know.
👉 it will be used for staking & network security.
• holders will be able to stake
$BOB and help secure the network through babylon’s btc staking system.
• delegated
$BOB earns yield from btc staking rewards (currently ~6.6% apy via solv, lombard, etc.)
• stakers will help finalize blocks using bitcoin’s proof-of-stake layer, adding a second layer of security
👉 used for bitvm operator collateral.
• bridge operators on the bitvm2 bridge will be able to stake
$BOB as collateral to move btc between chains securely.
• If they cheat, they’re slashed, if they act honestly, they earn
$BOB fees from transactions.
👉 used to for gateway solver rewards.
• BOB gateway lets users move btc to 11+ evm chains (base, arbitrum, bnb, etc.) in one click.
• liquidity providers (“solvers”) will be able to stake
$BOB to route swaps and earn
$BOB fees for handling BTC liquidity.
👉 governance (BOB DAO).
•
$BOB holders vote on: protocol upgrades, treasury allocation (grants, partnerships), fee switches, bitvm operator whitelisting.
governance will happen via snapshot + tally.
BOB team should also check out
@ai_degov governance platform for a fully decentralized DAO.
👉 It will be used for ecosystem rewards.
• cookie snaps will be rewarding top 500 snappers with $400K in
$BOB.
• developer grants will get paid in
$BOB to build on BOB.
• liquidity mining will be rewarded in
$BOB for providing btc/eth/usdc liquidity on BOB dexs.
👉 Some future use cases include:
•
@build_on_bob plan to use the
$BOB to power btc-backed stablecoins and real-world asset (RWA) markets.
so many reasons to hold
$BOB as a contributor.
gBOB 🧡