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Babylon: 80% of the pledge in the Cap1 phase of the mainnet comes from LST projects in the ecosystem

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2024-09-25 02:36:27
On September 25th, Babylon posted on the X platform that about 80% of the 1,000 BTC pledged amount opened in the Cap1 phase of the mainnet came from the Liquid Staking Token (LST) project, and about 20% came from native pledgers.
At the same time, there were 369 BTC staking overflows, of which about 50% came from liquid staking token (LST) projects and about 50% from native stakers.
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