According to Foresight News, the mempool team orangesurf stated that since Babylon announced its airdrop, the proportion of Babylon's unstaking fees in the Bitcoin network fees has increased from 20% on April 3rd to over 45% today. Babylon's hard-coded fee rate has led to higher network fees for unstaking.
Babylon unbonding fees account for 45% of Bitcoin network fees
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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