Many BTC holders store their assets in cold wallets, holding them long-term with zero returns — just like fixed deposits, passively waiting for price fluctuations. However, the situation is changing. Through Figment platform's DeFi application, self-custodied BTC can be directly exchanged for LBTC( liquidity BTC), thereby entering the Babylon protocol ecosystem to earn yields. This means that your cold wallet assets no longer need to be held on exchanges to participate in DeFi earning — maintaining full autonomy while generating income from BTC. For long-term holders, this breaks the traditional "static holding" dilemma of cold wallets, allowing self-managed assets to also enjoy the convenience of Web3 finance.