Nexus Mutual to Provide Penalty Protection Insurance for Babylon Bitcoin Staking Network

This article is machine translated
Show original
According to Foresight News , The Block reported that Nexus Mutual is developing a penalty protection product for Babylon's Bitcoin staking mechanism, targeting individual pledgers and institutional users, aiming to provide higher protection for Bitcoin holders to participate in staking. Babylon has launched the Genesis mainnet this month, and currently about 45,000 Bitcoins have been pledged.

Source
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.
Like
Add to Favorites
Comments