LISA
  • What is LISA?
    • LISA
  • Supported Tokens
    • Stacks ($STX)
      • How LiSTX Architecture Works?
        • Mint Factory
        • LISA Vault
        • Strategies
    • Bitcoin ($BTC)
      • How LiaBTC Earns Bitcoin Yield?
      • What is LiaBTC backed by?
      • How LiaBTC utilizes Cobo?
      • How would ALEX V2 Upgrade Affects LiaBTC?
    • ALEX ($ALEX)
  • Features (How To's)
    • Staking / Stacking
    • Unstaking / Unstacking
    • LISA Point System
    • Wrapping / Unwrapping
    • My Rewards / Overviews
    • Review to Earn
    • Send LISA Tokens
    • Checking your Balance
  • Rebasing Mechanism 101
    • Rebasing vs Reward-Bearing Mechanism
    • Depositing / Withdrawing from LISA
  • LISA FAQs
    • How are Rewards Paid Out?
    • How do I calculate my earnings?
    • Do I Earn Rewards if I withdraw before a Cycle Ends?
    • How is APR determined?
    • How can I check my past transactions on LISA?
    • How can I check the accurate LiSTX amount I’ve swapped via AMM?
    • Can I bridge out my LISA Tokens to other networks?
    • How to Participate in LISA Merkl Campaign?
  • LISA Point System
    • Point Reward Scores
    • Points to Loot Box Conversion
    • Entry / Exit Cycle Cooldown FAQs
  • Governance
    • LISA DAO
      • LISA DAO Improvements
    • Stacking Strategies
  • Is LISA Safe?
    • Security Audits
    • External Analytics
    • Deployed Contracts
  • Ecosystem Partners
    • ALEX
    • Ryder
    • Fast Pool by Ryder
    • Xverse
    • XLink
    • Cobo
  • Developers
    • List with LISA!
    • LISA Supported Network
    • LISA Media Kits
    • Contracts
      • liabtc-mint-endpoint
      • liabtc-mint-registry
      • token-liabtc
      • token-vliabtc
Powered by GitBook
On this page
  1. Supported Tokens
  2. Bitcoin ($BTC)

How LiaBTC utilizes Cobo?

PreviousWhat is LiaBTC backed by?NextHow would ALEX V2 Upgrade Affects LiaBTC?

Last updated 5 months ago

XLink, in partnership with Cobo as the custodian of BTC reserves, instructs Cobo to securely stake the relevant Bitcoin on the Babylon platform. The underlying Bitcoin that backs the aBTC is staked at Babylon, with COBO serving as the finality provider to ensure security and the irreversibility of transactions.

As rewards from the staking process accrue, LiaBTC balances automatically increase, ensuring a continuous stream of rewards for holders.

Similar to other liquid staking products offered by LISA, LiaBTC is a rebase token, meaning its supply adjusts based on rewards, ensuring continuous compounding without manual reinvestment.