Magpie initiates community proposal to launch SubDAO Babypie for Bitcoin staking
On June 25th, Magpie, a multi-chain yield protocol, proposed a new SubDAO called Babypie for Bitcoin collateral. Babypie will focus on using Bitcoin for proof-of-stake (PoS) collateral through the Babylon chain. Magpie will receive 20% of the Babypie token BBP, which will be released over two years and locked in the Magpie treasury. The proposal vote will end at 10:00 am on June 28th, with supporters currently at 99.75%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
