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🚀 Babylon Reports BTC Staking Distribution in Cap-1 Phase

According to BlockBeats, on September 25, Babylon announced on the X platform that in the Cap-1 phase of its mainnet, 1000 BTC was staked. Approximately 80% of this amount came from liquid staking token (LST) projects, while around 20% originated from native stakers.

Additionally, there was an overflow of 369 BTC in staking, with about 50% coming from liquid staking token (LST) projects and the other 50% from native stakers.


#Babylon #BTC #Staking #Cap1 #Mainnet #LiquidStaking #LST #NativeStakers