Tue 26 May 2026 ▪
5 min read
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In DeFi, access to credit often depends on tokenized assets or custodial arrangements. Babylon Labs wants to change this logic with a proposal submitted to Aave's governance. The project aims to allow Bitcoin holders to borrow on the V4 version without a bridge, without a classic wrapper, and without a centralized custodian. This initiative is still progressing in stages, with a first community sentiment vote.