On October 9, 2023, Babylon officially confirmed the successful completion of Cap-2, achieving a remarkable stake of nearly 23,000 BTC (specifically 22,891 BTC). This milestone solidifies Babylon’s position in the cryptocurrency domain, showcasing significant community involvement with 12,960 delegations and 12,570 individual stakers participating in this initiative. The total fees collected during this staking period reached 1.56 BTC, reflecting healthy transaction activity. Babylon further cautioned users involved in staking that any stakes initiated post block 864800 have experienced an overflow. To optimize their holdings, users are urged to unbind and promptly withdraw any excess stakes, ensuring they maximize their potential rewards and maintain control over their assets. Staying informed and proactive is essential in the dynamic landscape of cryptocurrencies.
Source: https://en.coinotag.com/breakingnews/babylon-completes-cap-2-with-nearly-23000-btc-staked-key-details-and-important-user-reminder/