Babylon, in partnership with Everstake, launches the Cap-2 staking program for Bitcoin holders, offering increased transaction limits, reduced fees, and augmented reward points.
Cap-2: More BTC, Bigger Opportunities
The new Cap-2 phase allows participants to transact up to 500 BTC per transaction, significantly higher than the previous 0.05 BTC limit. The minimum stake is set at 0.005 BTC, welcoming all levels of investors. The increased limits aim to support institutional investors and large stakeholders, while smaller investors are also welcome.
Features and Benefits of Cap-2 Staking
With Cap-2, unbonding fees are reduced by 50%, lessening the financial burden. Rewards increase to 10,000 points per block starting from block height 864,790. Everstake serves as a trusted partner, offering competitive 3% fees and asset security using advanced security protocols.
How to Engage in Staking with Everstake
To stake BTC with Everstake, compatible wallets include OKX, Tomo, Bitget, OneKey, or Keystone. Four staking methods are available: through the Everstake BTC Staking Dashboard, the Babylon BTC Staking Dashboard, the Staking Rewards Interface, or via Tomo Wallet. Each option provides a step-by-step guide for easy staking initiation.
The staking window opens on October 8, 2024, allowing early participation for maximal rewards. Cap-2 offers a structured approach to Bitcoin engagement, balancing profitability and security.