According to Foresight News, Bitcoin liquidity financial layer project Lorenzo announced an upgrade to the pre-staking Babylon event Cap 2 rewards. This upgrade will increase Cap 2's YAT (yLRZ2) rewards to LRZ tokens equivalent to $3 million. Cap 2 activities accept both native BTC and BTCB pledges. In addition to additional YAT rewards, stakers will also receive Babylon's potential staking rewards and Lorenzo points.

Lorenzo provides a 20% points bonus for staking users using Binance Web3 Wallet, and an additional 2 million Lorenzo points prize pool for Binance Web3 MPC Wallet users during the joint event.