Binance Futures, the derivatives trading platform of Binance, has just announced the listing of Babylon (BABY). If you haven’t created a Binance account yet, sign up via THIS LINK to enjoy reduced trading fees.

Specifically, Binance Futures will launch the BABYUSDT perpetual contract at 8:30 PM on April 5 (Vietnam time), with leverage support of up to 5x.

Babylon is a Proof-of-Stake (PoS) blockchain platform built using the Cosmos SDK. It pioneers the use of Bitcoin (BTC) as staking collateral, enhancing security for other PoS chains.

While Proof-of-Work blockchains rely on hardware computing power for security, PoS blockchains depend on the amount of stake. However, next-gen PoS chains still face issues at launch, such as the risk of centralization by wealthy entities or the need to offer high yields to attract validators — potentially leading to rapid inflation.

Babylon offers a solution by leveraging Bitcoin’s security to reinforce PoS chains, protecting the networks while providing returns to Bitcoin holders.