Babylon completes mainnet upgrade, BABY annual inflation rate reduced to 5.5%, introducing joint staking mechanism

According to official news, the Bitcoin staking protocol Babylon has completed a major upgrade to its mainnet, making two key adjustments to the BABY token economic model and introducing a convenient BTC staking duration extension feature. Among them, the annual inflation rate of BABY has been reduced from 8% to 5.5%, and the annual minting amount has decreased by 250 million tokens, enhancing the sustainability of the token economic model.

At the same time, a joint staking mechanism has been introduced, allowing users who stake both BTC and BABY to receive higher rewards, strengthening the alignment of interests with the ecosystem. In addition, the BTC staking duration extension feature allows users to extend the lock-up period without un-staking, ensuring a seamless connection of staking rewards and avoiding interruptions.