Binance is thrilled to announce the 14th project on the HODLer Airdrops page: Babylon (BABY). This innovative project facilitates self-custodial BTC staking directly on the Bitcoin Network, enhancing the security of PoS blockchains.
Users who subscribed their BNB to Simple Earn (Flexible or Locked) and/or On-Chain Yields products between 2025-03-07 00:00 (UTC) and 2025-03-12 23:59 (UTC) will be eligible for the airdrop distribution. HODLer Airdrops details are expected to be available within 12 hours, with tokens distributed to users' Spot Accounts at least one hour before trading begins.
Binance will list BABY on 2025-04-10 at 10:00 (UTC), enabling trading against USDT, USDC, BNB, FDUSD, and TRY pairs. The seed tag will be applied to BABY, and deposits will open six hours after this announcement.
BABY HODLer Airdrops Details:
Genesis Total Token Supply: 10,000,000,000 BABY
Max Token Supply: Infinite (8% annual inflation for the first year; inflation rates for subsequent years will be determined via governance proposals)
Airdrop Allocation: 75,000,000 BABY (0.75% of Genesis Total Token Supply)
Marketing Campaign Allocation: An additional 121,600,000 BABY will be distributed in batches six months post-listing, with details in a separate announcement.
Token Supply at Listing: 10,015,636,491 BABY
Circulating Supply at Listing: 2,294,036,491 BABY (22.90% of total supply)
Additional Information:
Network Explorer: Babylon Explorer (available at public launch)
Listing Fee: 0
Research Report: Babylon (BABY) (available within 24 hours of this announcement)
BNB Holding Hard Cap: Users' average BNB holding / total average BNB holding ≤ 4% (holdings exceeding 4% will be capped at this limit).
Start preparing to trade and explore Babylon (BABY) on Binance!
