TechFlow news, September 25 — According to an official announcement, Bitcoin staking protocol Babylon will launch the first phase of its mainnet Cap-2 in the second week of October. The Cap-1 phase, with a 1,000 BTC staking cap, was filled within approximately 74 minutes (6 blocks). A total of 12,700 unique addresses participated, processing 20,600 staking transactions. It is estimated that 80% came from liquid staking token (LST) projects and 20% from native stakers.
Babylon noted that mining pools and stakers—including both LST and native participants—largely followed a fair competition model based on transaction fees. The team expressed gratitude for the community's active participation and reminded Cap-1 participants to unbond and withdraw stakes exceeding the limit. Specific details about Cap-2 will be released soon.
