According to TechFlow, on October 2, 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 LRZ tokens equivalent to $3 million. Currently, Cap 2 activities accept both native BTC and BTCB pledges. In addition to the above additional YAT rewards, pledgers will also receive potential pledge rewards from Babylon and Lorenzo points.
In addition, Lorenzo also provides a 20% bonus to users who stake using Binance Web3 Wallet, and an additional 2 million Lorenzo points pool for Binance Web3 MPC Wallet users during the joint event. Please pay attention to the official follow-up announcement for more details.
