Union is a project that preaches about chain interoperability which is cool, we are currently in the testnet phase where people are testing a bunch of features on the chain, but nobody is talking about this Union onchain BTCfi Flywheel transaction. It’s basically bridging Bitcoin LSTs into cosmos chain like Babylon.
First we need to get a BTC LST like LSTs like uniBTC, SolvBTC, and PumpBTC, but to get them we need to stake FBTC, cbBTC or WBTC using the flowing platforms :
Bedrock for uniBTC
Solv for SolvBTC
PumpBTC for PumpBTC
To get these:
FBTC, cbBTC or WBTC
You need to swap it on Uniswap, mind you this tokens are on the ethereum chain
Now you have swapped ETH for any of these tokens: FBTC, cbBTC or WBTC its time to stake it for BTC LSTs like uniBTC, SolvBTC, and PumpBTC
Use any of these:
Bedrock for uniBTC
Solv for SolvBTC
PumpBTC for PumpBTC
I staked for uniBTC, now I have it, its time to bridge it from the ethereal chain to the Babylon chain, I bridged it using Union, connect wallet, and bridged uniBTC from ethereum to Babylon, and you are good to go, I dont know if it will be a criteria for the airdrop. Good luck.
