The Babylon network has officially entered Phase 2 with the launch of its Genesis Proof-of-Stake (PoS) chain. This marks a major evolution in Babylon’s vision: using Bitcoin’s economic weight to secure a next-generation staking ecosystem. BTC stakers from previous phases now serve as finality providers for the Babylon PoS chain, playing a key role in cross-chain security and timestamping.
Why Stake BTC with Everstake
Choosing Everstake for your Bitcoin staking needs comes with a multitude of benefits that set us apart in the crypto staking landscape. Here’s why:
- Industry-Leading Expertise: Everstake is a leading staking service provider trusted by over 735,000 users worldwide. With extensive experience across multiple blockchain platforms, we offer secure staking solutions.
- Competitive Fees: Everstake offers one of the lowest BTC staking fees in the industry at 3%.
- Robust Security Measures: The security of your assets is our top priority. Everstake employs advanced security protocols, including multi-level encryption and cold storage solutions, to safeguard your staked BTC.
- Transparency and Reliability: We believe in complete transparency. Our platform provides real-time updates and detailed staking reports, so you’re always informed about your investments.
- User-Friendly Experience: Our intuitive interface makes staking effortless, even for beginners. With support for multiple wallets and straightforward navigation, you can stake your BTC in just a few clicks.
How to stake BTC
To stake BTC and earn rewards in BABY tokens, you’ll need two separate wallets:
- One BTC-supported wallet to initiate the stake
- One BABY-supported wallet to receive rewards
You can find the full list of supported wallets (both browser extensions and mobile apps) in Babylon’s official documentation.
For convenience, here are a few examples:
- BTC wallets: OKX, Bitget, Tomo, Keystone
- BABY wallets: Leap, Keplr, Cosmostation
Please note: Before staking BTC, make sure your setup follows these rules to avoid transaction errors or permanent loss of funds:
- No Inscriptions: Do not use wallets containing Bitcoin ordinals, NFTs, Runes, or any other inscriptions. The interface may not detect all of them, and staking with such wallets can result in permanent loss of these assets.
- Hardware Wallet Limitations: Most hardware wallets are not supported for Bitcoin staking. The only exceptions are:
- Keystone (via QR code only)
- OneKey – Chrome extension or one of the following hardware devices:
- OneKey Pro
- OneKey Classic 1s (Taproot only, experimental support, firmware 3.10.1+)
- Address Format: Use either Native SegWit or Taproot addresses. Legacy formats are not supported.
Using unsupported hardware wallets (e.g., Ledger or Trezor) can make your stake unrecoverable.
Staking BTC via Everstake BTC Staking Dashboard
Step 1: Access the Dashboard
- Navigate to the BTC Staking Dashboard.
- Click on Stake Now.
Step 2: Connect Your Wallet
- Approve the wallet connection to the staking dashboard.
Step 3: Initiate Staking
- Click Stake.
- Enter the amount of BTC you wish to stake.
- Review and agree to the staking terms.
- Approve the BTC staking transaction.
Congrats! Your BTC has been successfully staked with Everstake.
Staking BTC with Everstake via Babylon Bitcoin Staking Dashboard
Step 1: Visit the Babylon BTC Staking Dashboard
- Go to the Babylon BTC Staking Dashboard.
Step 2: Connect Your Wallets
Click Connect Wallets, accept the terms, and click Next.
- First, connect your BTC-supported wallet (e.g., Unisat). Unlock your wallet and approve the connection. ⚠️ Make sure the wallet does not contain any Bitcoin Inscriptions.
- Then, connect your BABY-supported wallet (e.g., Leap). Approve the connection and click Done when both wallets are connected.
Step 3: Start staking BTC
Scroll down to the validator list and type Everstake in the search bar.
Step 4: Specify Staking Details
Enter the amount of BTC you’d like to delegate (min staking amount is 0.005 BTC) and approve all required transactions.
Congratulations! You’ve successfully staked BTC with Everstake.
Step 5: Track Your Activity
- Monitor your activity in the Staking History section.
Last Words
Babylon’s Phase 2 has officially launched. To participate, you need two wallets: one to stake BTC and another to receive BABY rewards.
At this stage, the recommended method for staking BTC with Everstake is through the Babylon Bitcoin Staking Dashboard. Just connect your BTC and BABY wallets, select Everstake as your validator, and confirm the transaction.
We’ll continue updating this guide as new staking interfaces and wallet options become available. For now, you’re all set to join the Genesis PoS network and start staking with Everstake.
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Everstake is a software platform that provides infrastructure tools and resources for users but does not offer investment advice or investment opportunities, manage funds, facilitate collective investment schemes, provide financial services, or take custody of, or otherwise hold or manage, customer assets. Everstake does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency, or associated funds. Everstake’s provision of technology services allowing a user to stake digital assets is not an endorsement or a recommendation of any digital assets by it. Users are fully and solely responsible for evaluating whether to stake digital assets.
