Babylon’s latest upgrade decreases BABY token inflation to 5.5%, adds joint staking for Bitcoin and BABY, and introduces extended BTC staking terms for greater flexibility and rewards.
Babylon announced it has completed a major mainnet upgrade, reducing the BABY token's annual inflation rate from 8% to 5.5%, a cut equivalent to 250 million fewer tokens minted each year. The update also introduced joint staking capabilities for Bitcoin and BABY, offering higher rewards, and added a feature allowing Bitcoin stakers to extend their staking terms without unlocking funds. This official upgrade aims to improve staking incentives and optimize Babylon's token economics.