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How to Stake Bitcoin with Babylon: A step by step guide to stake BTC

Kamil Zawieja
by Kamil Zawieja
Published on December 8, 2024

TL;DR;

  • Phase-1 cap 3 will go live at around 11:00 UTC on 10 Dec 2024 and will be a time-duration based cap (roughly 1 week).
  • The max deposit limit per transaction for cap 3 will be 5000 BTC.
  • Staking during Phase-1 involves locking your BTC to Babylon's self-custodial staking script.
  • Track your BTC staking position via the Staking Terminal 
  • How to stake BTC in a nutshell:
    - Step 1: Go to the Bitcoin Stake App and connect your wallet, supported wallets include OKX Wallet, UniSat, Leather, Phantom, Magic Eden, Fordefi & OneKey.
    - Step 2: Enter the staking details, including the amount of BTC, provider, and transaction fee.
    - Step 3: Finalize the staking process by clicking “Stake” and confirm the transaction in your wallet.
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