Magpie initiates community proposal to launch SubDAO Babypie for Bitcoin staking
On June 25th, Magpie, a multi-chain yield protocol, proposed a new SubDAO called Babypie for Bitcoin collateral. Babypie will focus on using Bitcoin for proof-of-stake (PoS) collateral through the Babylon chain. Magpie will receive 20% of the Babypie token BBP, which will be released over two years and locked in the Magpie treasury. The proposal vote will end at 10:00 am on June 28th, with supporters currently at 99.75%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget CFD Championship (phase 19): Four reward pools, 75,000 USDT to share
Bitget to Adjust CFD Leverage During Special Trading Periods in the Fourth Week of October 2026
Upgraded App copy trading experience
Axis Robotics (AXIS) to be listed on Bitget Launchpool — Grab a share of 1,333,333 AXIS
Crypto prices
More
