🌐 Overview of the Babylon Project
Babylon is the first self-governing Bitcoin staking protocol, allowing users to use BTC to secure PoS blockchains while earning dual rewards from both Bitcoin and the PoS chain. The project successfully raised $96 million from top investment funds such as Paradigm and Polychain Capital.
🚀 Main Products
🔗 Babylon Genesis: The first PoS network secured by Bitcoin staking.
🌉 Babylon Staking Protocol: A multi-chain staking protocol supporting Bitcoin and other PoS chains.
💎 Core Values
🔒 Enhanced security for PoS blockchains thanks to the reliability of Bitcoin.
📈 Optimizing profits for BTC staking users.
🌐 Multi-chain support and easy integration with existing blockchain ecosystems.
🪙 BABY Token
🎯 Utility: Governance, staking, and fee payments within the Babylon ecosystem.
📊 Tokenomics:
Total supply: 10 billion BABY
Airdrop for HODLers: 75 million BABY (0.75% of total supply)
🏆 Notable Achievements
💰 Raised $96 million from major funds such as Paradigm, Polychain Capital, Binance Labs
🤝 Strategic partnerships with prominent projects such as Osmosis and EigenLayer
🔥 Over 1 million staking transactions completed during the testnet phase
🌍 Babylon Ecosystem
🔗 Supported blockchains: Bitcoin, Ethereum, BNB Chain, and many other PoS chains
🛠️ Main products: Babylon Genesis, Babylon Staking Protocol
👥 Strong community: Over 50,000 testnet users, thousands of developers
🤝 Strategic partners: Osmosis, EigenLayer, Paradigm, Polychain Capital, Binance Labs
📌 Additional Information
🌐 Website: https://babylon.foundation
🐦 X (Twitter): @babylonlabs_io
🎁 Join the HODLer Airdrop
Users just need to stake BNB on Simple Earn or On-Chain Yields within the designated period to receive BABY rewards.