Note: Before trading the above tokens on non-Binance platforms, please do your own research to avoid any fraudulent activities and ensure the safety of your assets.
This is a general announcement, and the products and services mentioned here may not be applicable in your area.
Dear Users:
The Binance HODLer Airdrop has launched its 14th project – Babylon (BABY), supporting direct self-custody BTC staking on the Bitcoin network to enhance the security of the POS blockchain. From 08:00 on March 7, 2025, to 07:59 on March 13, 2025 (UTC+8), users who use BNB to subscribe to capital-protected earning (fixed and/or flexible) or on-chain earning products will receive an airdrop allocation. HODLer airdrop information is expected to go live within 12 hours, and new tokens will be distributed to users' spot wallets at least 1 hour before trading starts.
Binance will list BABY at 18:00 (UTC+8) on April 10, 2025, and open trading pairs against USDT, USDC, BNB, FDUSD, and TRY, following seed label trading rules. The BABY deposit channel will open 6 hours later.
BABY HODLer Airdrop Details:
Token Name: Babylon (BABY)
Total Supply of Genesis Tokens: 10,000,000,000 BABY
Maximum Supply of Tokens: Unlimited (The inflation rate for the first year is 8%. From the second year onwards, the inflation rate will be determined by governance proposal voting)
Total Amount of HODLer Airdrop Tokens: 75,000,000 BABY (accounting for 0.75% of the total supply of genesis tokens)
An additional 121,600,000 BABY will be gradually released for market activities 6 months after spot listing; detailed rules will be announced separately.
Total Supply of Tokens at Binance Listing: 10,015,636,491 BABY
Circulating Supply at Binance Listing: 2,294,036,491 BABY (accounting for 22.90% of the total supply of tokens)
Network Details: Babylon Explorer
Listing Fee: 0
Research Report: Babylon (BABY) (Research report will be published within 24 hours of this announcement)
BNB Holding Cap: Individual user's average BNB holding amount / Total average BNB holding amount * 100% ≤ 4% (If the holding ratio exceeds 4%, the BNB holding ratio will be calculated as 4%)
HODLer Airdrop Introduction
The Binance HODLer Airdrop takes a historical snapshot based on the user's BNB holdings and rewards token airdrops to BNB holders. By using BNB to subscribe to capital-protected earning products (fixed and/or flexible), users will automatically qualify for the HODLer airdrop (as well as Launchpool and Megadrop rewards). By using BNB to subscribe to on-chain earning products, users will automatically qualify for the HODLer airdrop and Launchpool rewards.
Unlike other earning methods that require continuous operation, the HODLer Airdrop rewards users retroactively, providing a simpler way to earn additional tokens. By using BNB to subscribe to capital-protected earning products or on-chain earning products, users can automatically receive token rewards.
How to Benefit from the HODLer Airdrop
Go to the [Finance] page and search for BNB;
Use BNB holdings to subscribe to capital-protected earning products (flexible and/or fixed) or on-chain earning products;
Binance will take multiple random snapshots of users' BNB holdings and the total pool holdings every hour to calculate the average hourly holdings of users in the capital-protected earning products and on-chain earning products. Binance will calculate user rewards based on historical snapshots of users' BNB holdings during a random time period after this announcement is made;
For example: The calculation of HODLer airdrop rewards on June 11, 2024, may reference the snapshots of users' BNB holdings from June 1 to June 7, 2024.
Eligible users will receive HODLer airdrop rewards in their spot wallets within 24 hours after the HODLer airdrop announcement.
Project Link:
Official website: https://babylonlabs.io/, https://babylon.foundation/
Whitepaper: https://docs.babylonlabs.io/papers/btc_staking_litepaper(EN).pdf
X: https://x.com/babylonlabs_io, https://x.com/bbn_foundation
Terms and Conditions:
Users must complete identity verification (KYC) and be from a qualified jurisdiction to participate in the HODLer airdrop;
The airdrop tokens will be automatically transferred to each user's spot wallet before they go live on Binance Spot;
Unless otherwise specified, if multiple HODLer airdrop projects are running simultaneously, the user's BNB assets in capital-protected earning products (fixed and/or flexible) and on-chain earning products will be allocated to these projects;
Capital-protected earning BNB flexible products used as collateral on Binance lending (flexible interest rate) will not be eligible for HODLer airdrop rewards;
BNB assets subscribed to capital-protected earning products will still enjoy common benefits, such as eligibility to participate in Launchpool and Megadrop and VIP level benefits;
HODLer airdrop reward calculations will support staking Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in Binance's non-custodial wallet;
For the above trading pairs, spot algorithm orders will also start trading at 18:00 on April 10, 2025 (UTC+8). Trading bots and spot copy trading will be enabled within 24 hours after the aforementioned tokens are listed on the spot market. For currently running spot copy trading portfolios, users can enable new trading pairs through [Spot Copy Trading Settings] - [Personal Trading Pair Preferences];
To participate in the HODLer airdrop, users must meet the eligibility requirements based on their country or region of residence;
Binance reserves the right to disqualify any participant who tampers with Binance's program code or uses other software to interfere with the operation of Binance's program code;
Users need to be from a qualified jurisdiction to participate in the HODLer airdrop. Currently, users residing in the following countries or regions will not be able to participate through subscribing to BNB capital-protected earning products or on-chain earning products:
Australia, Canada, Cuba, Crimea, Cyprus, Donetsk, Hong Kong, Iran, Japan, Kazakhstan, Luhansk, New Zealand, Netherlands, North Korea, Russia, Syria, the United Kingdom, the United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, and the U.S. Virgin Islands), and any non-government-controlled areas of Ukraine.
The list of restricted countries or regions may be updated regularly as laws, regulations, and other factors change;
Users from the following countries/regions cannot use BABY for deposits and withdrawals: Belgium, France, Italy, Poland, Spain, and Sweden. Users from these countries/regions can only purchase and sell tokens.
There may be differences between the English version of the announcement and the translated version. In case of any discrepancies, please refer to the English version for the latest or most accurate information.
Thank you for your support of Binance!
Binance Team
April 9, 2025
Note: This announcement was updated on April 9, 2025, to clarify that users from Belgium, France, Italy, Poland, Spain, and Sweden will not be able to use BABY for deposits and withdrawals. Users from these countries can only purchase and sell the token.
