<p><strong>EigenLayer Programmatic Incentives</strong> are now live!</p><p></p><p>To reward users in the EigenLayer ecosystem, the EigenLayer team has distributed <strong>$EIGEN</strong> rewards to stakers and operators for their active participation in supporting AVSs.</p><p></p><p><strong>Programmatic Incentives v1</strong> will enable weekly programmatic rewards of $EIGEN tokens to stakers and operators. For v1, the incentives have been retroactive <strong>based on staking status since August 15th, 2024, and are now available for claim.</strong></p><p></p><p>EigenLayer has pledged to distribute 4% of the $EIGEN token supply (~66,945,866 EIGEN) in the first year of this program to ensure that incentives are aligned.</p><p></p><p>Weekly programmatic rewards are live to claim every Tuesday at 19:00 UTC. It is important to also be aware that there is a one-week buffer for reward eligibility and claiming and that gas fees for claiming are paid in ETH.</p><p></p><p>To learn more about what to expect with Programmatic Incentives, check out P2P's Dune dashboard, which shares vital information like ETH APR estimation for restakers and EIGEN APR estimation.</p><p></p><p><a href="https://dune.com/p2p_org/eigenlayer-rewards?ref=p2p.org"><u>EigenLayer Rewards Dashboard</u></a></p><p>Also, it is the first time such a dashboard has been shared with the community. Consider sharing it with your network:</p><figure class="kg-card kg-embed-card"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">📢 On 15th October, <a href="https://twitter.com/eigenlayer?ref_src=twsrc%5Etfw&ref=p2p.org">@eigenlayer</a> is launching Programmatic Incentives v1 to reward stakers and operators actively supporting AVSs in the Eigen Layer ecosystem.<br><br>So, as Operator No. 1, we're FIRST to bring the tool that helps you make informed decisions! (See: Link in comments 🔗) <a href="https://t.co/7oA3XWWegR?ref=p2p.org">https://t.co/7oA3XWWegR</a> <a href="https://t.co/jAl6aWglpR?ref=p2p.org">pic.twitter.com/jAl6aWglpR</a></p>— P2P.org (@P2Pvalidator) <a href="https://twitter.com/P2Pvalidator/status/1845144466199544113?ref_src=twsrc%5Etfw&ref=p2p.org">October 12, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></figure><p>Let's get back to our guide.</p><h2 id="steps-for-claiming-eigenlayer-rewards-%F0%9F%91%87"><strong>Steps for Claiming EigenLayer Rewards 👇</strong></h2><p></p><p><strong>Step 1:</strong> Visit <a href="https://www.eigenlayer.xyz/?ref=p2p.org"><u>https://app.eigenlayer.xyz/</u></a></p><p></p><p><strong>Step 2:</strong> Click 'Connect Wallet' at the top right corner and select the wallet linked to your EigenLayer holdings.</p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdYX11PbDcV0oGFHJDqyBySHFDlh6QD4E_1lmDJBRdgMdYzzIkHVSlic6f74JOTAcwhjwFWKKNFZ1eN2v1lqGF3sVqf9ByR0dAryDpwRLeVVm9BvqZM3qxzBrTduPuxfyYg2mR9Ty5YDV5XYP8Q5CTXuhk?key=_d-jGKhAufYUsocju-mjoQ" class="kg-image" alt loading="lazy" width="1600" height="888"></figure><p></p><p><strong>Step 3: </strong>Once your wallet is successfully connected, your rewards will show as 'Claimable Rewards', and you can select 'Claim Rewards' to initiate the claim process.</p><p></p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeqCz1m08gVK8srSIOxPGPku2mseU87_lCVdOFEoaM_wKAhPIRgyPl-l7E3UjyYGxmWTu5Zzz2BolLXr6yKvTr9JjLgNpjBDSNigTeeQOEGIcmbELrfzUIDMxWO39SYQEsKf7nMb4Q5a8LXcoisALOFNlQM?key=_d-jGKhAufYUsocju-mjoQ" class="kg-image" alt loading="lazy" width="1600" height="667"></figure><p><br></p><p><strong>Step 4: </strong>After selecting 'Claim Rewards,' you can view the token rewards you are eligible for (multi-select is available). Once you choose the rewards you want to claim, select 'Claim Tokens.'</p><p><br></p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXclvhaASkjrZ3o1NPLpy3piPp2J6ylPwEdovnxSTwqewl3bfEwjUOu6c4gNSrdot-7kpRqSaVLzxrCDEfrJmFOwk__ZcCfTn4VNYukAftjcR_ly8xhL6CrJElC0Nvd-iOQYLClkR_v_Yzi8U7gjVkd4JwU?key=_d-jGKhAufYUsocju-mjoQ" class="kg-image" alt loading="lazy" width="1600" height="666"></figure><p><br></p><p><strong>Step 5: </strong>The claim process is triggered, and you will sign the transaction in your wallet to complete the rewards claiming process. Once the claim is fulfilled, select 'Done'.</p><p></p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeVV7ABqh_UBnyPK7IvgnxuarpXYumWmxjKGYo8w8WEjl_DdVQqA4ujnUpnY6FaQN0CzJHNf12QU1X3yw-r_Z4qDGmrhYuuMKwHSibmXqDBv4ARSMaCxEjYi9ISyuW2KcL281RqyPhCmcYqGmBVPCvxjimg?key=_d-jGKhAufYUsocju-mjoQ" class="kg-image" alt loading="lazy" width="1118" height="1219"></figure><p><br>---</p><h2 id="contact-us">Contact Us:</h2><p><em>Do not hesitate to ask questions in our </em><a href="https://t.me/P2Pstaking?ref=p2p.org"><em>Telegram chat</em></a><em> <br>We are always open for communication.</em><br><br>We encourage you to check our website and start our staking journey together!</p><div class="kg-card kg-button-card kg-align-center"><a href="https://p2p.org/ethereum?ref=p2p.org" class="kg-btn kg-btn-accent">Stake with us!</a></div><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a><br><strong>Blog:</strong> <a href="https://p2p.org/economy/">https://p2p.org/economy</a><br><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a><br><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>

<p><strong>Babylon Staking Cap 3 opens on December 10, 2024. Staking runs from block 874088 and will last for 1,000 blocks</strong> (approximately 7 days) with a limit of 0.005 - 5,000 BTC per transaction.<br><br><a href="http://p2p.org/?ref=p2p.org" rel="noopener noreferrer">P2P.org</a>&nbsp;is excited about the next Cap, so we’ve prepared a guide to help you stake BTC with&nbsp;<a href="http://p2p.org/?ref=p2p.org" rel="noopener noreferrer">P2P.org</a>&nbsp;using the Babylon Bitcoin Staking Protocol.</p><p></p><p>This guide will discuss how to stake BTC on Babylon’s official dashboard.</p><p></p><h2 id="step-1-visit-the-official-babylon-staking-dashboard">Step 1. Visit the official Babylon Staking Dashboard&nbsp;</h2><p>If you want to stake your BTC, you need to visit Babylon’s official staking dashboard, where you can do so non-custodially.</p><p></p><p><a href="https://btcstaking.babylonlabs.io/?ref=p2p.org"><u>https://btcstaking.babylonlabs.io</u></a>&nbsp;</p><p></p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXesXdAAfrLoW2Js6ESyX75LK4bFXRg2dk5bQ2HCb4JwEwDxNi-pSFjO8_FWaGiy_vANwo1poz-GZo-bXp6EjdarDPdEDuObPzD-7zSDDgEbwQXBdiOeaa7oxHKLVgUDOHV_b9sxS9PHBa49g7qk7O7bKRw?key=i_-cA8z_n_5DgrJrcVpUQA" class="kg-image" alt loading="lazy" width="1600" height="869"></figure><p></p><h2 id="step-2-connect-your-btc-wallet">Step 2. Connect your BTC wallet:</h2><p></p><p>Babylon’s official dApp currently supports Bitcoin wallets such as OKX,&nbsp;<strong>OneKey, Bitget, Tomo, and Keystone wallet via QR code</strong></p><p><br></p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdJjJWfwD-gcEWu4_4kO9jWNbCsSGaueMl3pXJ-NWY55Nun-ka6q48KltTKPho04QoiZfFHL-tt6WqtCDq0StjTXMkAe-nrH_IlFI6i_U0olEbpqVfgPHHJomch1wuZsW1W8ZdQgmMwrr8B-CfOHil9dCY?key=i_-cA8z_n_5DgrJrcVpUQA" class="kg-image" alt loading="lazy" width="1600" height="986"></figure><p>It’s important to note that you should comply with two of Babylon’s requirements:</p><ol><li>Do not connect wallets with Bitcoin inscriptions&nbsp;within</li><li>Do not connect any hardware wallets except Keystone.</li></ol><p></p><h2 id="step-3-choose-p2p-as-your-finality-provider">Step 3. Choose P2P as your Finality Provider.</h2><p>We’ll be your security provider, ensuring the safety of your stake.</p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcMnpEqqDAoHeE0WUeJqHB6uP1IvWsQk6BOkQJkSZckmlzdFCniZdSoQ3XyDA-H9vqWxV2w6mgdJD9LPYjqwZ7-nYM7Q-PsNaonzLPPNSZ8yAjzLSoZnQ7uiDcvxwAZkxmqGtzL5PzMPOkrGClgqk-fq6a-?key=i_-cA8z_n_5DgrJrcVpUQA" class="kg-image" alt loading="lazy" width="1600" height="952"></figure><p></p><h2 id="step-4-enter-the-amount-of-btc-you-want-to-stake-and-sign-the-transaction">Step 4. Enter the amount of BTC you want to stake and sign the transaction.</h2><p></p><p>The amount of BTC you can stake in Cap 2 ranges from 0.005 to 500 BTC per transaction. Remember that you must pay a fee for the Bitcoin network when making a staking transaction.</p><p></p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfoP4NPrBnFUuRNEArlmv4Hb6m7N8wXx_dVqFJMso7K3FXF6pO8_3gAlrca5gQqF5LMzb_vsEbSgVcp0MHb9uvcwtdpZcOssiANI-7Ulv7QuToBCBkNhRT9nCkS-c5mLHhRHBeXoU9RBZ-duJZ_FyY73TGv?key=i_-cA8z_n_5DgrJrcVpUQA" class="kg-image" alt loading="lazy" width="1600" height="857"></figure><p></p><h2 id="how-to-unstake-your-btc">How to unstake your BTC</h2><p>You can unstake your BTC using the same application. To do that, you need to sign two transactions:</p><p></p><ol><li>Sign an unbonding transaction, which will unstake your BTC after the 7-day period (1008 Bitcoin blocks).</li><li>Sign a withdrawal transaction to unlock your BTC finally.</li></ol><p></p><p>If you do not unstake your BTC, the stake will automatically be unstaked after 65 weeks (64,000 Bitcoin blocks).</p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a>&nbsp;is a world-leading non-custodial staking provider, securing over $7 billion from over 10,000 delegators/nominators across 40+ high-class networks. We have actively participated in the Babylon Chain activities since the beginning.</p><hr><p>Do not hesitate to ask questions in our&nbsp;<a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a>&nbsp;chat or contact Alik via&nbsp;<a href="mailto:[email protected]" rel="noreferrer">[email protected]</a>. We are always open to communication.</p><hr><p><strong>Web:</strong>&nbsp;<a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Twitter:</strong>&nbsp;<a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong>&nbsp;<a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>