$BTC Binance Babylon BTC Staking is the first on-chain staking product supported by Binance On-chain Yields, with its underlying returns sourced from the Babylon Protocol. Binance facilitates this process by helping users stake their BTC into the Babylon Protocol, enabling them to earn rewards provided by Babylon.

2. What is Babylon?

Babylon is a Bitcoin staking protocol that allows BTC holders to stake their Bitcoin and earn rewards from the protocol.

By participating in Babylon BTC Staking, you’ll receive Babylon Points. These points do not represent any form of currency or property and are not redeemable, refundable, or transferable