Babylon Labs just announced Multi-Staking & Co-Staking Rewards for BTC Stakers Babylon Labs is innovating in BTCFi by introducing mechanisms to reward BTC stakers who also contribute to the ecosystem via $BABY staking. This fosters fairer rewards and greater community participation in securing decentralized networks. Key Highlights: • Multi-Staking: Total cap of 25,000 BTC. Stakers earn quota based on their $BABY staking. Only BTC staked before September 1, 2025, is eligible. • Co-Staking Rewards: 2% of inflation allocated to users staking both $BABY and BTC. • Ecosystem Impact: Enhances self-custodial BTC staking to secure DeFi, with current TVL at 44,036 BTC (~$5.06B) and APR of 0.45%. Multi-staking allows delegation to multiple finality providers, securing various Bitcoin Security Networks (BSNs). Currently, rewards are in points, with potential for future yields. Join the Discussion: