How to Complete Tasks in the Babylon Phase 1, Cap 3 Campaign on Binance Wallet?

Participate in the Babylon cap 3 task to be selected as one of the 16,000 winners to win an exclusive reward.

Prerequisites

To complete this task, you’ll need:

• At least 0.005 BTC in your Binance MPC Wallet; and
• A sufficient balance of BTC on the BTC main chain to pay for gas fees.

How to stake BTC to Babylon?

Step 1: Connect your Binance Wallet

1. Log in to your Binance MPC Wallet and tap [Join Now] on the campaign landing page.

2. Tap [Stake Now] on the Babylon task panel and you’ll be redirected to the Babylon staking page.

3. Tap [Connect Wallet] to connect your Binance MPC Wallet. 

4. Read and agree to the Terms of Use and Privacy Policy. Then, select [Binance Web3 Wallet] - [Connect to BTC network].

Step 2: Stake BTC

5. Select a finality provider and enter the amount of BTC to stake. Please note that you need to stake a minimum of 0.005 BTC (the maximum staking amount per transaction is 5,000 BTC). Tap [Preview].

6. Confirm the staking details and tap [Stake] - [Confirm].

7.  You’ll see the staked amount under [Your Staking Summary]. 

Important Notes:

• Any stakes entering the Bitcoin Chain after the Cap 3 closure will be considered overflow and will not be accepted.
• All overflow stakes must be unbonded and withdrawn.

Unbonding transaction fFees:
The unbonding transaction fee for Cap 3 stakes will remain at 0.00032 BTC.