💥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…

actually i tried stake it . but it will lock 65 weeks. just shocked.