Babylon is a blockchain-based security-sharing protocol, powered by its native token BABY. You can earn BABY rewards by staking BABY.
1. Prepare Your Wallets
You’ll need a wallet to complete the staking process.
Using Keplr as an example:
- Visit the Keplr Official Website to install the browser extension.
- Initialize the Keplr wallet with default settings.
- Please make sure your wallet has an available BABY balance, or deposit BABY into your wallet.
⚠️ Important: Always back up your private key securely and never share it.
2. Stake BABY
- Go to the f2pool BABY staking page, click “Stake now”, and select “Continue.” You will be redirected to the Keplr BABY staking interface.
- On the Keplr staking interface, click “Stake”, then “Continue Staking”.
- Enter the amount of BABY to stake and click “Stake”.
- In the Keplr popup, review the transaction details and click “Approve.”
BABY staking transactions generally take about 1 hour to confirm. Once confirmed, your delegation becomes active. You can check the status in the Keplr Dashboard.
3. Claim staking rewards
You can claim your BABY staking rewards directly from the Keplr Wallet or the Keplr Dashboard.
4. Unstake BABY
- Go to “Your Validators” section in the Keplr Dashboard.
- Select the validator you wish to unstake from, click “Unstake,” and follow the on-screen instructions.
⚠️ Note: After unstaking BABY, there is an unbonding period of approximately 50 hours. During this period, your assets cannot be transferred or re-staked.
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