Babylon Launches Innovative Bitcoin Staking Program
Babylon has launched an innovative Bitcoin staking program that allows users to stake BTC while retaining custody, marking a significant development in the crypto sector.
This initiative allows participants to stack BTC by locking them into a self-custody script on the Bitcoin blockchain, delegating the right to vote to the finality provider instead of transferring the actual BTC. This allows users to participate in the PoS consensus of other blockchains such as Ethereum and Avalanche , potentially securing $120 billion if 10% of Bitcoin’s supply is staked.
Babylon’s protocol includes a 15-month lock-in, with limits set between $0.005 BTC and $0.05 to ensure large-scale participation and prevent large holders from dominating.
Although there are no direct staking rewards in the initial phase, Babylon uses a points system to track and reward user activity, although US, UK and EU users may face restrictions due to regulatory concerns.
READ MORE:
Bitcoin Exchange Inflows Drop Despite Mt. Gox and US Government Transfer RumorsThe program quickly reached its initial cap of 1,000 BTC, reflecting strong market interest and setting the stage for future expansions. The project has drawn comparisons to EigenLayer and generated speculation about potential airdrop events, though Babylon has warned that their point system may not translate into tokens or other assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Didn’t Buy TRUMP Coin Early? Don’t Fumble BTFD—Claim 11900% Gains and a 300% Bonus: Top Meme Coin Presale to Buy Today!
BTFD Coin presale ends May 26—get 4x tokens with code LAUNCH300! 11,900% ROI potential, 90% APY staking, and P2E rewards. Don’t miss this moonshot!BTFD Coin (BTFD) – The Meme Presale Setting Whales LooseOfficial Trump (TRUMP) – The One That Got AwayFinal Word: Don’t Be the Guy Who Regrets Not Buying

Best Cryptos for Beginners: Get In on Troller Cat Before the 44x Lift — Notcoin and Fwog Push Higher
Troller Cat’s presale hits $150K with 4453.17% ROI potential as Notcoin and Fwog rally. Compare the best cryptos for beginners in today’s meme market.Troller Cat ($TCAT)Notcoin ($NOT)Fwog ($FWOG)Conclusion

Genius Group Resumes Bitcoin Purchases After Court Ruling

Michael Saylor Criticizes Trump’s EU Tariff Decision

Trending news
MoreCrypto prices
More








