Unlocking the Future: Everstake's Game-Changing SDK for Bitcoin Staking in Web3
Globenewswire•4 days ago•
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Unlocking the Future: Everstake's Game-Changing SDK for Bitcoin Staking in Web3

Technology
everstake
bitcoin
web3
staking
blockchain
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Summary:

  • Everstake launches an SDK for BTC staking to integrate with Web3 products.

  • BTC staking allows users to earn rewards without losing ownership of their Bitcoin.

  • Babylon's platform has achieved 39,149.94 BTC in deposits, showing growing interest.

  • Everstake's BTC staking dashboard simplifies the staking experience for users.

  • The new SDK enables developers to easily incorporate BTC staking into their applications.

Everstake

Everstake, a leader in staking solutions, has unveiled its new SDK for BTC staking, designed to seamlessly integrate Bitcoin staking functionality into Web3 products. This innovative SDK allows Bitcoin holders to participate in decentralized networks without transferring ownership of their assets, leveraging Bitcoin's status as the safest and most widely adopted cryptocurrency.

The Rise of BTC Staking

BTC staking has gained momentum, especially with Babylon, which pioneered Bitcoin staking solutions. As of now, Babylon has 39,149.94 BTC (approximately $3.89 billion) deposited. The user base skyrocketed from 18,190 unique depositors in August 2024 to 106,435 by mid-December 2024, reflecting a staggering growth of 88,245 users in just four months, indicating high demand for Bitcoin staking among individual and institutional holders.

User-Friendly Staking Dashboard

Everstake has also launched a BTC staking dashboard to simplify the staking process for users of all technical expertise. This dashboard facilitates a smooth experience from wallet connection to tracking staking rewards.

Empowering Developers with SDK

The newly introduced SDK allows developers and businesses to integrate BTC staking features effortlessly into their platforms, enabling them to focus on their core product features while ensuring secure staking functionality.

"We are thrilled about the potential of BTC staking and its impact on the blockchain industry. This SDK is designed to accelerate its adoption and enhance accessibility," said Bohdan Opryshko, COO of Everstake.

About Everstake

Founded in 2018, Everstake is a prominent provider of staking, investment, and blockchain services, operating across nearly 80 networks with over 735,000 delegators. The company not only focuses on staking but also invests in Web3 solutions and contributes to the growth of projects like Wormhole.

For more details, visit Everstake’s website.

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