Magpie Launches Community Proposal to Launch SubDAO Babypie for Bitcoin Pledging
2024-06-25 03:35:22
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On June 25th, Magpie, a multi-chain revenue protocol, launched a community proposal to launch a new SubDAO Babypie for Bitcoin staking. Babypie will focus on using Bitcoin for proof-of-stake (PoS) staking through the Babylon chain. Magpie will receive 20% of the Babypie tokens BBP, which will be released and locked in the Magpie treasury within two years. Voting on proposals will close at 10:00 am on June 28th, and supporters currently account for 99.75%.
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