ChainCatcher news, the multi-chain yield protocol Magpie has initiated a community proposal to launch a new SubDAO for Bitcoin staking called Babypie.It is reported that Babypie will focus on utilizing Bitcoin for Proof of Stake (PoS) staking through the Babylon chain. Magpie will receive 20% of the Babypie tokens BBP, which will be released over two years and locked in the Magpie treasury. The proposal voting will close on June 28 at 10:00 AM, with current supporters at 99.75%.