🔥 Babylon Weekly Ecosystem Highlights: Binance Square 2.39M BABY Incentive Program Is Ongoing
Babylon’s Trustless Bitcoin Vaults (TBV) are redefining BTC’s DeFi use cases—no cross-chain, no wrapping, no custody. BTC stays on the Bitcoin network end to end. New developments have been coming thick and fast over the past week:
📢 Binance Square CreatorPad Incentive Program (Ongoing)
From July 23 to August 5, Binance Square will launch a Babylon-exclusive CreatorPad event with a total prize pool of 2,390,000 BABY, split into two leaderboards—global and Chinese—each with 1,195,000 BABY. Complete tasks to earn points and participate in the prize distribution—posting, following @BabylonLabs_io, and earning points for transactions of $10 BABY or more per order.
🏦 Binance Labs Officially Announces Investment in Babylon
In early July, Binance Labs announced its investment in Babylon, focusing on Bitcoin staking infrastructure that does not require traditional bridging. Babylon’s cumulative funding has exceeded **15M**. Major institutions such as Polychain Capital and Paradigm have also joined.
🤝 Ecosystem Partnerships Rolling Out
· GoMining: Plans to activate up to 1,000 BTC (about $82M) via TBV. Users earn Bitcoin mining rewards, with no self-custody throughout
· 84 Labs: Collaborating with Babylon. Plans to enable native BTC collateral on Aave v4 via TBV in the Korean market. Upbit’s Giwa deployment is also included in the plan
· Ledger: Integrated native TBV signing support. Over 8 million Ledger users can directly authorize vault transactions
📊 Let the Data Speak
Babylon staking vault holdings: 56,853 BTC, with TVL of approximately 0.0123 and an estimated market value of about $49.4M. TVL is 113 times the market value—this valuation gap is definitely worth thinking about.
💎 BTC shouldn’t be just digital gold—it should become an interest-bearing asset.
@BabylonLabs_io $BABY #baby #BTCFi #BitcoinStaking
Babylon’s Trustless Bitcoin Vaults (TBV) are redefining BTC’s DeFi use cases—no cross-chain, no wrapping, no custody. BTC stays on the Bitcoin network end to end. New developments have been coming thick and fast over the past week:
📢 Binance Square CreatorPad Incentive Program (Ongoing)
From July 23 to August 5, Binance Square will launch a Babylon-exclusive CreatorPad event with a total prize pool of 2,390,000 BABY, split into two leaderboards—global and Chinese—each with 1,195,000 BABY. Complete tasks to earn points and participate in the prize distribution—posting, following @BabylonLabs_io, and earning points for transactions of $10 BABY or more per order.
🏦 Binance Labs Officially Announces Investment in Babylon
In early July, Binance Labs announced its investment in Babylon, focusing on Bitcoin staking infrastructure that does not require traditional bridging. Babylon’s cumulative funding has exceeded **15M**. Major institutions such as Polychain Capital and Paradigm have also joined.
🤝 Ecosystem Partnerships Rolling Out
· GoMining: Plans to activate up to 1,000 BTC (about $82M) via TBV. Users earn Bitcoin mining rewards, with no self-custody throughout
· 84 Labs: Collaborating with Babylon. Plans to enable native BTC collateral on Aave v4 via TBV in the Korean market. Upbit’s Giwa deployment is also included in the plan
· Ledger: Integrated native TBV signing support. Over 8 million Ledger users can directly authorize vault transactions
📊 Let the Data Speak
Babylon staking vault holdings: 56,853 BTC, with TVL of approximately 0.0123 and an estimated market value of about $49.4M. TVL is 113 times the market value—this valuation gap is definitely worth thinking about.
💎 BTC shouldn’t be just digital gold—it should become an interest-bearing asset.
@BabylonLabs_io $BABY #baby #BTCFi #BitcoinStaking