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

ChainCatcher news, according to official sources, the Bitcoin liquidity financial layer project Lorenzo has announced the launch of the pre-staking Babylon event Cap 2, which will accept native BTC and BTCB staking. In addition to Babylon rewards and Lorenzo points, Lorenzo will also allocate 0.1% of the token supply as an incentive for this plan's airdrop.

Previously, Lorenzo provided $1.5 million worth of YAT rewards and points for Cap 1, and participants of Cap 1 can continue to join Cap 2 to earn additional points. The project has currently launched the first phase of the mainnet and plans to introduce a YAT trading market, allowing users to trade future staking rewards in advance. For more details, please pay attention to the official follow-up announcements.