The Union network is powering up.
Union is set to become a Bitcoin Supercharged Network (BSN), with 25 million BABY to fuel the next wave of BTCfi.
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1/ Since the launch of Babylon Genesis, Union has played a vital role in the BTCfi ecosystem, routing 98% of BTC LST volume into Babylon to date.
From facilitating the BABY drop to ongoing bridge operations, Union has been quietly knitting the BTCfi stack together.
2/ Now, Union is becoming a Bitcoin Supercharged Network.
That means Union will integrate the Babylon Bitcoin staking protocol, and Union's blockchain will be secured in part by crypto’s most decentralized and time-tested asset, Bitcoin.
3/ As part of this agreement, Union will receive 25M BABY tokens to support its BTCfi Points Program and other incentive programs.
Babylon Genesis stakers (BTC and BABY) will earn 4% of Union's yearly inflation as long as Union remains a BSN.
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