💥Everything u need to know about @babylonlabs_io Mainnet Phase1

💰$96M funding
✅Binance backed

🆕First Bitcoin Staking protocol
📆Mainnet Phase1 is going live in 1day

✅U can stake your $BTC & start earning points

📝Phase1 Details
🧢Total staking cap - 1000 BTC
✅Min - 0.005 BTC
✅Max - 0.05 BTC

🪙3,125 Babylon points will be allocated per Bitcoin block
🪙For 0.05 BTC u earn 0.15 pts per block
🪙144 blocks per day so 22pts per day per 0.05 BTC

👇Steps
🔗btcstaking.babylonlabs.io
✅Once staking go live tomorrow u can stake BTC using above link

⚠️Popular Bitcoin wallets r not available so prepare with supported wallets like, Binance, OKX etc

⚠️Unstaking cooling period of 7 days

🧢First 1000 BTC cap can reach quickly, so u can also use LST platform like EtherFi on EigenLayer

✅These LST projects will stake your BTC when caps r lifted

📝List of LSTs
1️⃣app.chakrachain.io/stake?code=d72…
✅Staking live

2️⃣lombard.finance
💰$16m funding
✅Stakin…

Exciting news from @babylonlabs_io on their Mainnet Phase1 launch! With innovative Bitcoin staking protocol, users can earn Babylon points. Remember to stake your BTC using supported wallets. Don't miss out on this opportunity to earn rewards! 🚀🌟