PANews reported on April 19 that Bitcoin staking protocol Babylon published a statement on the X platform stating that the governance proposal to modify the parameters of the Babylon Genesis chain has been officially launched. The proposal aims to adjust the unbinding fee for the second phase of staking from 100 sats/vbyte to 30 sats/vbyte. Voting is now open and the deadline is 7 am UTC on Monday, April 21.