Native Bitcoin-backed borrowing is live on Public Testnet with Aave v4. Powered by Babylon Trustless Bitcoin Vaults, users can post Bitcoin as collateral and borrow without giving up custody, wrapping, or bridging. This is the latest step in building native Bitcoin-backed credit markets.

This testnet allows: 1️⃣ BTC holders and integration partners, including wallets, custodians, OTC desks and others to test the end to end borrowing flow. 2️⃣ Ecosystem partners to become familiar with the TBV + @aave v4 test environment and identify potential integrations. 3️⃣ Community members and institutions to share feedback and help shape the user experience. A walkthrough video & written guide is coming shortly. The guides will cover faucet claims, wallet setup, posting collateral, borrowing, repaying, and closing a position on testnet. Try the Public Testnet: Claim testnet tokens from the faucet:

@aave 👋

@aave Lets go!

@aave so basically the same product as @LiquidiumFi, right? but just not on mainnet yet welcome to the party 🤝

@aave This is sick! I just bought more $BABY $AAVE & $LINK I’m totally okay with another year of this sh!t market so I can continue scooping at low prices

@aave Babylon launch date voting is officially underway! Early participants who vote during the first 48 hours will receive reward eligibility. Details:

@aave This is a major milestone for Bitcoin-backed lending

@aave Babylon and Aave pushing a more native approach is exciting.

@aave Huge congratulations to the team👏 Super excited to work towards supporting the Trustless BTC vault!

@aave That’s the kind of BTCFi progress I like to see.

@aave Been waiting for this. Every other BTC lending solution always had that one compromise give up custody, use a bridge, wrap your coins. TBV on Aave v4 removes all three at once. Testing this as soon as I can

@aave Pretty bullish, and only getting started! 🧡

@aave The fact that this is on Aave v4 specifically tells you how serious this is.

@aave congrats team!

@aave Love seeing these integrations go live. Can't wait to dive into the testnet and learn more.

@aave 🫡

@aave Furthermore, Registration for Phase 1 Testnet Rewards are here! 1,000,000 Points Pooled & Ready for Distribution Across Platform. Registrations Close June, 8th 12:00AM UTC. Register Now ⤵️

@aave Congrats 🍾

@aave Native BTC as collateral on Aave without wrapping or bridging is the unlock the whole BTCFi space needed. TBV is a game changer.

@aave This lends credence to never sell your BTC but still allows you to have liquidity.

@aave Furthermore, Registration for Phase 1 Testnet Rewards are here! 1,000,000 Points Pooled & Ready for Distribution Across Platform. Registrations Close June, 8th 12:00AM UTC. Register Now ⤵️

@aave Cool but we already have this with @LiquidiumFi

@aave Native Bitcoin collateral markets could become one of the largest sources of onchain liquidity over time.

@aave Can only be completed once and will then be marked as completed.

@aave

@aave Ich danke Ihnen vielmals ✍️🙏

@aave finally btc getting real use cases not just vibes, gonna be wild once this hits mainnet

@Bedrock_DeFi @aave Yg

@aave Congrats on the launch 🙏🏼

@aave will check this one

@aave Let's gooo🔥🔥🔥

@aave This is quite some progress. Will get into running the rest right away

@aave 👻

@aave Excited to try this out on testnet.

@aave been waiting for this, congrats on the launch lads, will definitely give it a try 👀