Staking BABY via Crouton Digital
How to stake Bitcoin on Babylon with Crouton Digital?
You can use Babylon's native dashboard https://btcstaking.babylonlabs.io/
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To connect your wallet, click the button in the top right corner of the page.
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After connecting your wallet, select a finality provider, search for CroutonDigital on the page as shown.
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Select CroutonDigital, and follow the on-screen instructions in the dashboard to complete the staking transaction.
Please note, a transaction fee will apply when you submit the staking transaction.
You have the option to either keep the current network fee or speed up your delegation by increasing the transaction fee. Reminder: Setting a higher fee increases the chances of your BTC being staked in the next block before cap ends. If your stake arrives after the cap is reached, it will be marked as "overflow," and you will need to unbond and withdraw your BTC.
Unstaking your BTC
In Phase 1, every stake has a maximum time-lock of 64,000 Bitcoin blocks, or about 15 months. After this period, the stake automatically expires and becomes available for withdrawal.
Stakers also have the option to unbond their stake at any point before expiration. This initiates an on-chain unbonding period of 1,008 Bitcoin blocks (approximately 7 days, as outlined in the unbonding script), after which the stake will expire and be ready for withdrawal.