On April 12, Babylon (BABY) announced on X that their Bitcoin Staking feature has been officially activated. This is an important milestone in Babylon's development roadmap, marking a new step in expanding the network's application capabilities for the largest cryptocurrency asset.
To ensure system safety and stability in the initial stage, Babylon only allows a maximum of 1,000 BTC to participate in Staking during the Cap-1 phase (the first limited stage). Before officially opening Staking, Babylon conducted a 24-hour testing and verification period to ensure all functions operate smoothly and safely.
The Bitcoin Staking feature was officially activated at Babylon's Genesis Block with a height of 27,600. This event marks the first time Bitcoin can be directly Staked on the Babylon platform, opening a new path for optimizing BTC holding value through the Staking mechanism - something that was not originally available in the Bitcoin network design.