TechFlow reported on August 22 that, according to official announcements, Babylon has officially launched its Bitcoin staking mainnet, enabling users to participate in the first phase of staking activities. This launch introduces a third native use case for Bitcoin assets, allowing them to be used not only for value storage and payments but also for staking to secure PoS networks and earn rewards.
Previous report, Babylon announced its Bitcoin staking protocol would roll out in three phases.
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