Binance Introduces Babylon (BABY) on HODLer Airdrops Program

Key Takeaways

  • Babylon is a Restaking protocol on the Bitcoin ecosystem.

  • Users can lock BNB for token airdrop distribution.

Binance Introduces Babylon (BABY) on HODLer Airdrops Program

Binance will list BABY with a seed tag on HODLer Airdrops before listing it for spot trading.

On April 5th, Binance had already launched BABY on the pre-market futures contract.

Learn more: Binance Will List Babylon (BABY) on Pre-market Future Contract

Listing Details

Users have to lock BNB on Binance Simple Earn in a period from 2025-03-07 00:00 (UTC) to 2025-03-12 23:59 (UTC) for BABY airdrop allocation.

  • BABY Spots listing date: 2025-04-10 10:00 (UTC).
  • Trading pairs available: USDT, USDC, FDUSD, BNB, and TRY.
  • Airdrops Rewards: 75,000,000 BABY (0.75% Total Supply).

BABY Token Details

  • Token: Babylon (BABY)

  • Total Supply: 10,000,000,000 BABY 

  • Max Supply: Infinite

  • Circulating Supply: 2,294,036,491 BABY (22.90% of total supply)

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BABY Token Details

BABY token allocation – Source: Cryptorank

About Babylon

Babylon (BABY) is both a blockchain project and its associated token, BABY. As part of the innovative Babylon Genesis network, it aims to bolster the security of Proof-of-Stake (PoS) blockchains by harnessing the robust security framework of Bitcoin. Essentially, Babylon is building a Bitcoin Secured Network (BSN) that connects Bitcoin’s Proof-of-Work (PoW) security with the adaptability of PoS chains. This allows Bitcoin holders to stake their BTC to secure other networks and earn rewards, unlocking the potential of their idle Bitcoin without needing to sell or move it from the Bitcoin blockchain.

The project employs a dual-staking system where both Bitcoin (BTC) and the BABY token can be staked to secure the Babylon Genesis network and participating PoS chains. This “Bitcoin Staking” process involves a time-lock mechanism for BTC, while BABY serves as the network’s operational and governance token.

Ultimately, Babylon strives to create a decentralized ecosystem where Bitcoin stakers, BABY holders, and validators work together to ensure network integrity and earn rewards, effectively bridging the security of Bitcoin with the flexibility of PoS systems.

Zander Brown

Zander Brown

Zander Brown is a freelance journalist with a keen interest in the dynamic world of altcoins. He closely follows the development and evolution of cryptocurrencies beyond Bitcoin, analyzing market trends and investigating the potential impact of these emerging projects on the broader crypto ecosystem.

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