Babylon: The governance proposal to modify the withdrawal fee parameters for the second phase of staking has been officially launched
ChainCatcher message, the Bitcoin staking protocol Babylon announced on platform X 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 phase of staking from 100 sats/vbyte to 30 sats/vbyte. Voting is now open, and the deadline is 7 AM UTC on Monday, April 21.
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