Babylon’s 3rd round of Bitcoin staking is live! In this short thread, we’ll walk you through the details of this round and how to safely stake your BTC. We will focus on using the Staking Rewards interface, but will provide some other options at the end. 

Details

Tuesday, Dec 10 (Today!)
11:00 am UTC
Duration: 1000 blocks (~ 7 Days)

Unlike previous rounds, in Round 3 there is no cap – all valid staking transactions will be accepted.

Important Notes

(1) Babylon Bitcoin staking is non-custodial – no third party ever takes control of your BTC.

(2) There is no bridging required in any step

(3) Once staked, there is a 7-day unbonding period – your BTC will be non-transferable during this time.

Valid Transactions

Transactions must have a minimum stake of 0.005 BTC

Up to a maximum of 5,000 BTC

There is no limit to the number of transactions from a single address. The following steps will take you through how to stake.

Step 1 – Wallet

Prepare a Bitcoin wallet extension. Supported wallets include:

+ OKX Wallet
+ UniSat
+ Leather
+ Phantom and
+ Magic Eden

OneKey and Keystone hardware wallets are also supported. Please ensure you do not use a wallet that holds Bitcoin inscriptions.

Step 2 – Interface

To stake with CryptoCrew’s finality provider, navigate to our dedicated Staking rewards link: https://stakingrewards.com/stake-app?input=bitcoin&type=babylon-staking&provider=cryptocrew-validators&locked=true…

And connect your chosen wallet.

Step 3 – Transaction Fee

While previous rounds were shorter and had hard this caps, this round is longer and all valid transactions will be accepted.

You can use this monitor to help gauge the transaction fee you will need:
https://dune.com/dataalways/bitcoin-fee-tracker

Step 4 – Amount

Select the amount of Bitcoin you would like to stake bearing in mind the minimum and maximum thresholds.

Sign the transaction with your wallet, and await confirmation by the Bitcoin blockchain.

Finished!

Your BTC is now staked through the trust-minimized Babylon protocol!

Please keep in mind that rewards are not yet live – These will be activated in Phase 3 of the Babylon mainnet rollout.

If this tutorial was helpful
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If, for any reason, the above process does not suit your needs, you can also use the Babylon dashboard at

https://btcstaking.babylonlabs.io