How to Stake BTC on Babylon Cap 3
The launch of Babylon Cap 3 on December 10, 2024, marks another milestone in Bitcoin staking. With the cap running for approximately 1,000 Bitcoin blocks (~1 week), the deadline to stake is expected to fall around December 27th, 2024.
For BTC holders looking to participate, the process is now simpler than ever. We recommend starting with the Staking Rewards platform, which offers a user-friendly interface to simplify the staking process and connect seamlessly with supported wallets.
This guide will walk you through the steps to start staking and earning rewards in just a few clicks.
Why Stake Bitcoin in Babylon Cap 3?
Staking Bitcoin allows holders to earn rewards while also contributing to blockchain security. Cap 3 introduces some key features:
- No TVL Limit: Stake as much as you like during the duration of the cap.
- Improved Accessibility: Minimum stake is just 0.005 BTC, while the maximum per transaction is increased to 5,000 BTC.
- Time-Limited Rewards: Cap 3 runs for 1,000 Bitcoin blocks (~1 week), with higher rewards for early stakers.
Getting Started: A Simple Staking Guide
Step 1: Set Up Your Wallet
To stake Bitcoin on Babylon, you’ll need one of the supported wallets. Options include:
- Browser Extension Wallets: OKX Wallet, UniSat, Leather, Phantom, Magic Eden
- Hardware Wallet: OneKey
Make sure to deposit your BTC into the wallet before proceeding.
Step 2: Navigate to the Staking Interface
Visit the staking interface via this direct link: 🔗 Stake BTC with Blockscape
Step 3: Connect Your Wallet
Click “Connect a Wallet” on the staking interface and choose your preferred wallet. If you’re visiting the site for the first time, you’ll need to sign a signature request to connect your wallet securely.
Step 4: Stake Your BTC
- Enter the amount of Bitcoin you’d like to stake. You can start with as little as 0.005 BTC or go up to 5,000 BTC per transaction.
- Set Your Transaction Fee: Choose the network fee (standard or priority).
- Finalize the Transaction: Click “Stake” and confirm the transaction in your wallet.
Why Stake Early?
Babylon Cap 3 uses a points system to reward participants:
- First 300 BTC blocks: Earn 100,000 points per block.
- Remaining 700 BTC blocks: Earn 21,000 points per block.
The earlier you stake, the more points you can earn — so don’t wait too long!
Why Blockscape?
Blockscape is trusted by stakers across multiple networks, with a proven track record of reliability and performance. As a Finality Provider, Blockscape ensures your staking process is secure, efficient, and straightforward.
Need Help?
If you face any issues while staking, please don’t hesitate to reach out to us directly:
- Discord: https://discord.gg/chBJDnPd
- Email: info@blockscape.network
We’re here to help you stake with confidence!
Ready to Start?
Staking on Babylon is intuitive and accessible. Whether you’re staking for the first time or exploring a new protocol, Babylon Cap 3 is an excellent opportunity to make your Bitcoin work for you.
This article provides general information about Babylon Bitcoin staking. Please do your own research before participating.
