Partnerships & Collaborations - BENQI and Anchorage Digital are collaborating to provide institutional-grade access to Avalanche liquid staking [1] Product & Service Innovation - Anchorage Digital clients can now stake AVAX, mint sAVAX, and redeem directly through BENQI [1] - This collaboration unlocks new access to Avalanche liquid staking [1] Technology & Infrastructure - BENQI powers the new access to Avalanche liquid staking for Anchorage Digital clients [1]

Project Overview - Marinade Finance enters into a data partnership with Token Terminal [1] - Marinade is one of the fastest growing liquid staking projects on Solana [3] - The project is self-funded, and its contributors have extensive experience in building onchain protocols [3] Assets and Stakeholder Reporting - Marinade has over 2 billion USD in assets staked [2] - Marinade recognized the need for reliable, continuous, and data-driven stakeholder reporting [2]

PancakeSwap Activities - PancakeSwap is planning a week of AMAs (Ask Me Anything sessions) [1] - The AMAs will cover topics including real-market trading conditions, the human-centric Machine Economy, liquid staking, and stable assets [1] PCS Ambassadors - RT PCS Ambassadors announced the upcoming AMAs [1]

MoonPay's New Service - MoonPay launched a liquid staking program for Solana, offering up to 849% annual yield [1] - Users can stake as little as $1 and receive mpSOL tokens, earning rewards every two days [1] - The feature excludes New York and the European Economic Area [2] Solana Staking Trends - Solana briefly overtook Ethereum in total value staked, with $539 billion vs $537 billion, driven by higher average returns [2] - Institutional interest in Solana staking is increasing [3] - A Solana staking ETF reached $100 million in volume within two weeks [3] - DeFi Development Corp and Upexi recently acquired over 3 million SOL combined [3]

Liquid Staking Ecosystem Growth - The Babylon Labs liquid staking ecosystem experienced a 146% quarter-over-quarter (QoQ) growth [1][2] - Lombard Finance's liquid staked BTC increased by 32% to reach 211 thousand in Q1 [2] - Lorenzo Protocol saw a significant increase of 156%, reaching 39 thousand [2] Market Dominance - Bitcoin liquid staking is primarily dominated by Lombard Finance [2]

Key Updates - Babylon Genesis launched as the first Bitcoin Supercharged Network, paving the way for Bitcoin-based security across multiple blockchains [1] Bitcoin Staking Metrics - Bitcoin staking TVL increased to 57,167 BTC, representing 029% of the total Bitcoin supply [2] - Total liquid staked BTC increased by 146% quarter-over-quarter [2] Lombard Finance Performance - Lombard's TVL increased by 32% quarter-over-quarter to 21,062 BTC [2] Bitcoin Supercharged Networks (BSNs) - The opportunity to use BTC for security on BSNs like @build_on_bob, @SuiNetwork, and @Bird_Layer is growing [2] - Babylon Genesis was the first Bitcoin Supercharged Network, enabled by @babylonlabs_io Bitcoin staking and liquid staking protocols like @Lombard_Finance [1]