Lombard Staked BTC (LBTC) - Babylon Staking - 24 Apr 2025

Lombard Staked BTC (LBTC) - Babylon Staking - 24 Apr 2025

Babylon staking for Lombard Staked BTC reopens on April 24, 2025. Users can earn BABY rewards by staking and helping secure the Babylon Genesis. This event might increase LBTC's price because staking often decreases available supply on the market, which can drive prices higher if demand remains constant. Additionally, offering rewards such as BABY tokens for staking could attract more participants, positively impacting both LBTC and BABY token values. However, the actual impact will depend on participant interest and overall market conditions. sourceComing up next:• Transition of Phase 1 stakes into Phase 2• Direct Bitcoin delegation across 4 Lombard Finality Providers• Babylon staking reopens on April 24, 10am UTC• BABY rewards begin for securing Babylon Genesis

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