Exciting Launch of Tomo Wallet and Participation in Babylon Testnet – Earn Yield from Your Bitcoins!
Tomo Launches Multichain Wallet Extension, Tomo Wallet, and Joins Babylon Testnet for Bitcoin Staking
Los Angeles, California, May 27, 2024 (GLOBE NEWSWIRE) — Tomo, the all-in-one social platform, has made a significant announcement with the launch of its new multichain wallet extension, Tomo Wallet. This innovative wallet is designed to empower users to earn yield from their bitcoins in a secure manner. To kickstart the adoption of the new wallet, Tomo is offering sBTC faucet tokens for staking on the Babylon Testnet.
Tomo Wallet is a multi-chain social wallet tailored for the BTC ecosystem. It aims to enhance decentralized trading experiences and supports various chains, with a focus on integrating Bitcoin into EVM, Solana, and Cosmos ecosystems. Whether you are a beginner or an experienced user, Tomo Wallet offers an intuitive user interface, social login feature, and robust security measures to ensure the safety of your assets.
To receive the sBTC faucet tokens, users need to follow the instructions provided on Tomo’s Twitter account. Upon completing the steps, users will receive 0.0007 sBTC in their wallet. Detailed instructions can be found on Tomo Docs. The distribution of tokens will continue until the Signet BTC pool is fully allocated, encouraging participants to stake their sBTC on the Babylon website.
Ryan Fang, Founder at Tomo, expressed his excitement about the collaboration with Babylon, stating, “Tomo Wallet is designed to provide users with an effortless and secure way to manage their digital assets across various blockchain networks. Our collaboration with Babylon offers a unique opportunity for our community to engage with the latest innovations in the Bitcoin ecosystem.”
Tomo Wallet is now live and accessible through the Google Chrome browser. With easy social login functionality, users can log in using their Google accounts for seamless access. Security is a top priority for Tomo, with advanced encryption and secure key management in place to protect user assets. The wallet also encrypts the seed phrase and stores it in multiple shards using Shamir’s Secret Sharing for added security.
The Babylon Bitcoin Staking Testnet-4 is set to launch on Tuesday, May 28 at 7AM UTC. Users are encouraged to join the Babylon Testnet BTC Staking Campaign to explore the features of Tomo Wallet. Visit Tomo Wallet and Babylon to get started on this exciting journey.
About Tomo:
Tomo is an all-in-one Web3 social wallet designed to drive mass adoption of crypto. It offers users a seamless login experience with social accounts and supports multiple chains, including Bitcoin in EVM, Solana, and Cosmos ecosystems. On Tomo, users can manage assets, send crypto, chat, post content, make friends, and participate in token-based interest groups.
About Babylon:
Babylon is a blockchain project focused on developing security sharing protocols for the decentralized economy. Its mission is to scale Bitcoin to secure the decentralized economy by leveraging innovative security-sharing protocols.
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