📌️ Babylon $BABY Token Good For Hold?
📌️ Token Name: Babylon (BABY)
📌️Genesis Total Token Supply: 10,000,000,000 BABY
📌️ Max Token Supply: Infinite (8% annual inflation for the first year. Inflation rate for year 2 onwards is subject to governance proposals)
📌️ HODLer Airdrops Token Rewards: 75,000,000 BABY (0.75% of Genesis Total Token Supply)
📌️Additional 121,600,000 BABY will be allocated to the other marketing campaigns (in batches) 6 months after spot listing. Details will be shown in a separate announcement.
📌️ Total Token Supply upon Listing on Binance: 10,015,636,491 BABY
📌️Circulating Supply upon Listing on Binance: 2,294,036,491 BABY (22.90% of total token supply)
📌️What is Babylon
*Project overview:
📌️Babylon protocol enables bitcoin holders to trustlessly provide security and liquidity to Bitcoin Secured Networks (BSNs) and, in return, get the opportunity to earn validation rewards from those networks.
📌️Babylon Genesis is the first Bitcoin Secured Network (BSN) to leverage Bitcoin's security and serves as the control plane for security and liquidity orchestration for future BSNs.
📌️Built on the Cosmos SDK stack, Babylon Genesis introduces key innovations for enhanced PoS security and interoperability.
