🚀 Babylon Labs has launched Babylon Genesis, a groundbreaking Layer-1 blockchain secured by Bitcoin! This marks Phase 2 of their rollout, following the initial BTC staking launch in August 2024. With 49,678.65 BTC staked, Babylon ranks second in Total Value Locked among restaking protocols.

🔗 The Genesis blockchain now supports validator nodes, finality providers, and the BABY token for transfers and staking. Eligible users will receive BABY tokens via airdrop. Phase 3 will introduce Bitcoin-Secured Networks for enhanced security and liquidity.

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