Babylon: Governance Proposal to Amend Second-Stage Staking Unbinding Fee Parameters Officially Launched
The Bitcoin staking protocol Babylon announced on X platform that the governance proposal to modify the Babylon Genesis chain parameters has officially launched. This proposal aims to adjust the unbinding fee for the second stage of staking from 100 sats/vbyte to 30 sats/vbyte. Voting is now open and will close at 7 AM UTC on Monday, April 21.
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