Binance Introduces Babylon (BABY) as Its 14th HODLer Airdrop Project
Binance has announced Babylon (BABY) as the 14th project in its HODLer Airdrop initiative. Users who previously subscribed to BNB Simple Earn (Flexible or Locked) and/or On-Chain Yield products between March 7 at 00:00 (UTC) and March 12 at 23:59 (UTC) will be eligible to receive BABY tokens as part of the retroactive airdrop.
About Babylon (BABY): Babylon enhances the security of Proof-of-Stake (PoS) blockchains by enabling native BTC staking directly on the Bitcoin network, while allowing users to maintain full self-custody.
Key Details of the BABY Airdrop and Tokenomics:
Total Genesis Supply: 10 billion BABY tokens
Annual Inflation: 8% in the first year; future rates subject to governance proposals
HODLer Airdrop Allocation: 75 million BABY tokens (0.75% of Genesis supply)
Marketing Distribution: 121.6 million BABY tokens to be released over six months following the listing
Post-Listing Circulating Supply: Approximately 2.29 billion tokens (22.9% of total)
Listing Fee: None (Zero)
Trading Launch: Binance will list BABY on April 10 at 10:00 UTC with the following trading pairs:
BABY/USDT
BABY/BNB
BABY/FDUSD
BABY/TRY
BABY will carry the Seed Tag, signaling that it’s a relatively new project with potentially higher volatility. Users are advised to exercise caution and do their own research before investing.
