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Posted: 2025-04-25 12:25:06 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-25 12:25:24 UTC
Verified By
Rollup News
Babylon Genesis is now live, enabling permissionless Bitcoin staking. This update unlocks rewards, lowers fees, and introduces a new era of BTC staking. Phase-1 stakers are encouraged to transition their stake to qualify for a bonus airdrop.
Permissionless BTC staking is now live.
Phase-1 stakers can transition to Phase-2 for a bonus airdrop of 200M $BABY tokens.
Reduced unbonding fees for new Phase-2 stakes.
Switching finality providers is possible while still qualifying for the airdrop.
Phase-1 stakers need to transition to Phase-2 to qualify for the bonus airdrop.
Ensure the finality provider is registered or switch providers if needed.
Unbonding and restaking with a new provider must be done within 10 days to qualify for the airdrop.