Lorenzo officially launches the Babylon pre-staking event Cap 2, allocating 0.1% of the token supply as an airdrop incentive

BlockBeats news, on August 31, according to official news, the Bitcoin liquidity financial layer project Lorenzo announced the start of the pre-staking Babylon event Cap 2, which accepts native BTC and BTCB pledges. In addition to Babylon rewards and Lorenzo points, Lorenzo will also allocate 0.1% of the token supply as an incentive for this planned airdrop.

Previously, Lorenzo provided Cap 1 with $1.5 million worth of YAT rewards and points, and Cap 1 participants can continue to join Cap 2 to receive additional points. The project has now launched the first phase of the mainnet and plans to launch the YAT trading market, where users will be able to trade future staking rewards in advance. Please pay attention to official follow-up announcements for more details.