TomoWallet, a popular multi-chain crypto social wallet, has announced its support for Babylon’s Phase-1 Cap-2 BTC staking. This staking opportunity allows users to earn rewards by staking their Bitcoin (BTC) on the Babylon platform. The staking period for Babylon’s Phase-1 Cap-2 BTC staking will commence at Bitcoin block height 864790 and conclude at block height 864799, encompassing a total of 10 blocks. During this period, users can stake a minimum of 0.005 BTC and a maximum of 0.5 BTC. It's worth noting that the unbonding transaction fee has been reduced to 0.00032 BTC, making it more accessible for users to participate in staking. In addition to the staking rewards, participants will also receive increased block reward points. The points will be raised from 3125 points to 10000 points, providing participants with a greater incentive to stake their BTC. Furthermore, users who stake BTC on Babylon through TomoWallet will have the exclusive opportunity to receive a limited edition NFT. This NFT serves as a commemorative token for their participation in the staking event. Additionally, users can simultaneously earn TOMO and Babylon points while staking their BTC, maximizing their rewards. With its user-friendly interface and support for Babylon’s BTC staking, TomoWallet offers a convenient and rewarding platform for crypto enthusiasts to participate in the growing decentralized finance (DeFi) market.

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