Lorenzo, the Bitcoin liquidity financial layer project, officially announced an upgrade to the pre-staking Babylon event Cap 2 rewards. This upgrade will increase Cap 2's YAT (yLRZ2) rewards to the equivalent of $3 million in LRZ tokens. Currently, Cap 2 activities accept both native BTC and BTCB pledges. In addition to the above additional YAT rewards, stakers will also receive potential staking rewards and Lorenzo points from Babylon.
In addition, Lorenzo also provides a 20% point bonus for staking users using Binance Web3 Wallet, and an additional 2 million Lorenzo points pool for Binance Web3 MPC Wallet users during the joint event.