Binance has announced Babylon (BABY) as its 14th HOLDer Airdrop project. BABY aims to enhance PoS blockchain security by enabling self-custodial BTC staking directly on the Bitcoin network.
Key Highlights:
Listing Date: BABY will be listed on Binance on April 10 at 10:00 UTC.
Trading Pairs: BABY/USDT, BABY/USDC, BABY/BNB, BABY/FDUSD, and BABY/TRY.
Listing Fee: Zero.
Seed Tag: BABY will carry a Seed Tag, indicating high potential but higher volatility.
Airdrop Details:
Users who subscribed BNB to Simple Earn (Flexible or Locked) or On-Chain Yields from March 7 (00:00 UTC) to March 12 (23:59 UTC) are eligible for the airdrop.
75 million BABY tokens (0.75% of Genesis supply) will be distributed to eligible BNB holders.
A total of 10 billion BABY tokens will exist at Genesis.
Initial circulating supply post-listing: approx. 2.29 billion BABY (22.9%).
Inflation rate starts at 8% in the first year, with future adjustments governed by community proposals.
An additional 121.6 million BABY tokens will be released over six months for marketing campaigns.
Note: BABY is a new project and may experience significant price swings. Exercise caution when investing.
