From March 07, 2025, 08:00 to March 13, 2025, 07:59 (UTC+8), users who purchase principal-protected earning products (fixed and/or flexible) or on-chain earning products using BNB will qualify for this airdrop. This includes staking products like BNB staking on Lista.
What is Babylon
Babylon is an innovative decentralized protocol that created the first Bitcoin security network (BSN) through BabylonGenesis. It leverages Bitcoin's native computing power to provide dual support for security and liquidity for PoS blockchains. Unlike cross-chain bridges or wrapped asset solutions, Babylon allows BTC holders to directly stake assets and participate in a multi-chain ecosystem, maintaining decentralization and self-custody advantages. In short, it is a 'unlocker' of Bitcoin's potential, transforming BTC from a mere store of value into an active participant in the Web3 ecosystem.
Core advantages of Babylon Genesis
Bitcoin staking
Babylon provides security for PoS chains directly through a Bitcoin staking protocol. Compared to traditional PoS networks that rely on native tokens, BTC, as the most robust asset globally, significantly enhances the network's resistance to attacks. By staking BTC, users not only maintain Bitcoin's security but also contribute to other chains and earn returns.
Trustless and self-custody
Babylon adopts a trustless design, where BTC staking does not require centralized intermediaries or wrapped assets, allowing users to always self-custody BTC. This mechanism significantly reduces asset risk, enabling users to participate in staking while maintaining complete control over their assets.
Bitcoin Security Layer1
Babylon Genesis, as an independent Layer1 blockchain, uses BTC as the core security pillar. It provides finality for PoS networks, enhancing the overall ecosystem's security through Bitcoin's computing power, becoming the 'security cornerstone' of the multi-chain world.
BAB HODLer airdrop details
Token name: Babylon (BABY)
Total supply of genesis tokens: 10,000,000,000 BABY
Maximum token supply: Unlimited (the annual 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 released in batches for market activities 6 months after the spot listing; detailed rules will be announced separately.
Total token supply 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 token supply)
Comparison with similar products
Market solutions like Stacks and Rootstock (RSK) can also extend Bitcoin's functionality, but Babylon uses native staking more directly, without the need for wrapped assets or complex bridging. Stacks is more suitable for developers building applications, with a high technical threshold; Babylon is simple and easy to use, covering all basic functions for free, making it suitable for regular users.
Summary
The core of Babylon is to transform the security of BTC into an intuitive shared security layer through the Bitcoin staking protocol, combined with real-time monitoring and multi-chain support, helping users and PoS chains understand risks and returns. It fills the gap between Bitcoin and Web3 collaboration through a trustless architecture, quick unbinding, and modular design, allowing ordinary people to easily participate in the multi-chain ecosystem. For example, you can stake BTC with Babylon to support Cosmos chains while enjoying efficient unbinding and returns. This 'Bitcoin Security Engine' feature makes it uniquely potential in the infrastructure space.
