Babylon: 80% of the staking in the Cap-1 phase of the mainnet comes from LST projects in the ecosystem

2024-09-25 10:38:23
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ChainCatcher message, Babylon posted on platform X that of the 1000 BTC staking amount opened during the mainnet Cap-1 phase, approximately 80% comes from liquid staking token (LST) projects, and about 20% comes from native stakers. At the same time, there is a staking overflow of 369 BTC, of which about 50% comes from liquid staking token (LST) projects and about 50% comes from native stakers.

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