Nexus Mutual to Provide Penalty Protection Insurance for Babylon Bitcoin Staking Network

PANews reported on April 28 that according to The Block, Nexus Mutual is developing a penalty protection product for Babylon's Bitcoin staking mechanism, targeting individual pledgers and institutional users, aiming to provide higher protection for Bitcoin holders to participate in staking. Babylon has launched the Genesis mainnet this month, and currently about 45,000 Bitcoins have participated in staking.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together