#Babylon Project Makes Bitcoin Not Just Store, But Work 👀
Today, I wanted to dive into the #BABYLON ($BABY) project and ecosystem, which will be listed on BinanceTR on April 10th. Let's get into the details ✍️
⚓ #BABYLON ($BABY):
Babylon offers a revolutionary infrastructure that allows you to stake Bitcoin across different networks while keeping it in your own wallet. It’s an innovative platform enabling Bitcoin holders to use their assets as collateral in Proof-of-Stake (PoS) networks, earning rewards while contributing to network security.
🔹 Key Features:
Self-Custody
Security Contribution
Multi-Stake Capability
Full Control
🔹 Ecosystem Structure:
Native Staking Infrastructure: Babylon performs staking operations directly by using Bitcoin's UTXO model and native script features.
Multi-Stake Architecture: Bitcoin holders can stake their assets across multiple Finality Providers and Bitcoin Secured Networks (BSN).
Security Features: Shared security model ensures the safety and liquidity of staked assets.
🔹 Tokenomics: Total Supply: 10 billion $BABY tokens, with 6% allocated for early contributors for free. Team and investor tokens are locked for 1 year and will follow a 4-year distribution plan.
🔹 Investors: Babylon Labs has raised a total of $93.3 million. Major investors include Paradigm, Polychain, Amber Group, and Galaxy Digital.
With #Babylon, you can do more than just store your BTC; you can make it work and earn rewards.
NFA/DYOR
