Babylon Proposes BTC-BABY Joint Staking to Reduce Inflation

Babylon’s Bitcoin staking protocol community announced a proposal on September 29 to adjust BABY token economics, aiming to cut inflation and introduce BTC-BABY joint staking. This adjustment, reducing inflation from 8% to 5.5%, alters token distribution, incentivizing BTC and BABY co-staking, and impacts Bitcoin’s DeFi role.