Babylon Reports BTC Staking Distribution in Cap-1 Phase

According to BlockBeats, on September 25, Babylon announced on the X platform that in the Cap-1 phase of its mainnet, 1000 BTC was staked. Approximately 80% of this amount came from liquid staking token (LST) projects, while around 20% originated from native stakers. Additionally, there was an overflow of 369 BTC in staking, with about 50% coming from liquid staking token (LST) projects and the other 50% from native stakers.