Cobo has announced the launch of its asset staking application, Staking, in the Cobo Portal app store, allowing institutional users and large miners to complete self-staking for Phase 3 of Babylon for $BTC in one stop. In the previous two phases, the staking volume for Cap-1 exceeded 700 $BTC (accounting for 70%), and the staking volume for Cap-2 exceeded 4.16 trillion BTC. This time, Cobo will waive the custody fees for participating in Phase 3 of Babylon and provide risk control mechanisms to ensure the security of staking.