Babylon Labs just announced Multi-Staking & Co-Staking Rewards for BTC Stakers Babylon Labs is innovating in BTCFi by introducing mechanisms to reward BTC stakers who also contribute to the ecosystem via $BABY staking. This fosters fairer rewards and greater community participation in securing decentralized networks. Key Highlights: • Multi-Staking: Total cap of 25,000 BTC. Stakers earn quota based on their $BABY staking. Only BTC staked before September 1, 2025, is eligible. • Co-Staking Rewards: 2% of inflation allocated to users staking both $BABY and BTC. • Ecosystem Impact: Enhances self-custodial BTC staking to secure DeFi, with current TVL at 44,036 BTC (~$5.06B) and APR of 0.45%. Multi-staking allows delegation to multiple finality providers, securing various Bitcoin Security Networks (BSNs). Currently, rewards are in points, with potential for future yields. Join the Discussion:
📣 New discussion post is live on the forum How can Babylon reward BTC stakers who also support the ecosystem by staking BABY? Key ideas: 🔸 Multi-staking: The total amount of BTC that can be multi-staked is capped at 25,000 BTC. BTC stakers capture a quota of this cap through their BABY staking contributions. Only BTC staked before Sept 1 will be eligible. 🔸 Co-staking rewards: 2% of the inflation will be directed to users who stake both BABY + BTC This is about making rewards fairer and getting feedback from the community. 📬 Read + share your thoughts:
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