Babylon Introduces Self-Custodial Bitcoin Staking with Mainnet Launch

TL;DR Babylon launches Bitcoin staking on its mainnet in three phases, starting with the Bitcoin locking phase. The first phase allows users to lock their bitcoins in a secure script, preparing them to participate in PoS consensus validation. A points system is introduced to measure stakers’ activity, with no direct rewards during this phase. Babylon ... source: https://crypto-economy.com/babylon-introduces-self-custodial-bitcoin-staking-with-mainnet-launch/