@echoty
Babylon ($96 million total) from Paradigm, Polychain Capital, HashKey Capital, Binance Labs.
The project team has announced (https://x.com/babylonlabs_io/status/1824370759990472981) going live on Mainnet and the first phase will start next week.
➡ Deposit via the link (http://btcstaking.mainnet.babylonlabs.io/) (at the moment the site is not working, waiting for activation).
For BTC deposits we will be awarded points proportional to the deposit. There will be 3 phases in total and each with different activities.
For each block in the Bitcoin blockchain, 3125 points are allocated.
Steaking Details:
🟠Available amount for deposit: from $0.005 $BTC to $0.05 $BTC;
🟠BTC steaking will last for 15 months, withdrawal will be possible with a lock in 7 days;
🟠BTC will be accepted in FCFS format until the limit of 1000 BTC is reached.
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