According to BlockBeats, on September 25, Bitcoin staking protocol Babylon published a post on X that the first phase of the Babylon mainnet, Cap-2, will be launched in the second week of October. If users participate in the first phase, Cap-1, they need to unbind and withdraw the overflowed staking.
BlockBeats previously reported that of the 1,000 BTC staked in the Cap-1 phase of the mainnet, about 80% came from the Liquid Staking Token (LST) project and about 20% came from native stakers. At the same time, there was a 369 BTC stake overflow, of which about 50% came from the Liquid Staking Token (LST) project and about 50% came from native stakers.