Babylon
BABY/BTC
Babylon is a decentralized protocol that enables native bitcoin staking directly on the Bitcoin blockchain without intermediaries. The protocol implements a novel shared-security architecture that extends Bitcoin's security model to the broader decentralized ecosystem. Through its architecture, BTC holders can participate in multi-staking operations while maintaining their assets on Bitcoin, providing verifiable security guarantees to Bitcoin Supercharged Networks (BSNs).
You can find the link to the block explorer below:
Validator Address
Validator Address
bbnvaloper14axcnvrrhw8yzvvnl79ugtxxf9ws5j7ah0ftv2
Performance
Luganodes Validator performance can be tracked here.
Staking Mechanics
Reward frequency
Rewards generated every hour (~1 epoch)
Auto-compounding
No
Slashing
Double Signing
Stake Lockup
None. But rewards will be generated from the next epoch from the time of stake
Unbonding period
2 days
Last updated