According to PANews, Bitcoin staking protocol Babylon has announced on Platform X that a governance proposal to modify the parameters of the Babylon Genesis chain is now live. The proposal aims to reduce the unbinding fee for the second phase of staking from 100 sats/vbyte to 30 sats/vbyte. Voting on this proposal is currently open and will conclude on Monday, April 21, 2025, at 7 a.m. UTC.