According to TechFlow, Lorenzo, the Bitcoin liquidity financial layer project, announced the launch of the pre-staking Babylon event Cap 2, which will accept native BTC and BTCB stakes. In addition to Babylon rewards and Lorenzo points, Lorenzo will also allocate 0.1% of the token supply as an airdrop incentive for this plan.
Previously, Lorenzo provided Cap 1 with $1.5 million worth of YAT rewards and points. Cap 1 participants can continue to join Cap 2 to get additional points. The project has now launched the first phase of the mainnet and plans to launch a YAT trading market, where users will be able to trade future staking rewards in advance. Please pay attention to the official follow-up announcement for more details.
