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pumpBTC is a cross-chain liquid restaking Bitcoin protocol built upon Babylon Labs. It allows users to earn yield from Bitcoin restaking while maintaining the full ownership of their funds via Bitcoin LRT - $pumpBTC. $PUMP is a governance token of the platform used for participating in DAO votings, and rewarding active community members.
On March 4, 2025, the platform closed a $10M Seed funding round with participation of Mirana ventures, Mantle, Quantstamp, and others.