# Prometheus: Phase One

Phase One of OmniBit’s launch focuses on establishing a robust and secure system for non-custodial Bitcoin staking and the issuance of Liquid Staking Tokens (LSTs) on Proof-of-Stake (PoS) networks. By integrating advanced cryptographic tools and secure key management systems, this phase ensures a seamless, secure, and decentralised process for Bitcoin holders to participate in PoS ecosystems without relinquishing control over their assets providing a new liquidity layer for POS networks.

***

The foundation of Phase One is the **non-custodial Bitcoin vault**, a secure and transparent mechanism for managing Bitcoin staking. This vault is paired with **Liquid Staking Token (oBTC)** issuance, which allows users to retain liquidity while staking their Bitcoin. The architecture is built to provide scalability, security, and interoperability with PoS networks.
