Binance Lists Babylon ($BABY ) Token: What You Need to Know
Binance has officially announced the listing of a new token, Babylon (BABY), also known as Baby Launch Lab. The token was listed today at 3:30 PM IST, generating significant buzz in the crypto space.
What is Babylon ($BABY )?
Despite its name, BABY is not a meme coin. It's a serious project aimed at enabling Bitcoin staking on Proof-of-Stake (PoS) blockchains, thereby enhancing the overall security of the Bitcoin ecosystem.
Tokenomics at a Glance:
Total Supply: 10 billion tokens
Maximum Supply: Infinite
Annual Inflation: 8% starting from the first year
Initial Circulating Supply: ~22–23%
Binance Airdrop Rewards: 0.75% to eligible holders
Trading Pairs on Binance:
BABY will be available in USDT, USDC, BNB, FDUSD, and TRY pairs.
The project has already been listed on CryptoRank and is backed by significant funding, making it an intriguing option for investors looking to tap into the future of Bitcoin staking.
