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Crypto platform Meria is now a provider for Babylon

Web3/Crypto

Owen Simonin, Meria CEO | Meria website

By Crypto Republique

Aug 28, 2024

Cryptocurrency platform Meria is now a provider for Babylon. As a provider, Meria users can delegate Bitcoin to earn rewards.

According to a Meria post on X, users can participate by directly delegating their Bitcoin on Staking Rewards through the dedicated page or on Babylon's official interface.

The post further stated that during the first phase, Meria has set the maximum cap at 1000 BTC, with a minimum deposit of 0.005 BTC and a maximum deposit of 0.05 BTC. The company noted that the first phase automatically includes users in the Babylon points program and added that APR will be introduced in the next phase.

Meria announces it's now a provider for Babylon. | Meria X account

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Meria’s X post included a link to a Babylon Labs blog post published in April. The article, titled "Babylon Bitcoin Staking Mainnet Launch: Phase-1," outlines the first-phase details and serves as a tutorial.

Meria is a France-based cryptocurrency assets company started in 2017 by Owen Simonin, according to the firm's website. Today, it boasts more than 100,000 users. "Since 2017, our mission is to make cryptoassets investment accessible to everyone," said Simonin.

Organizations Included in this History

Babylon Inc.

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