Are you looking for new and exciting investment opportunities? Join the Babylon (BABY) Airdrop program on Binance HODLer and discover how to earn BABY for free through Retroactive BNB Simple Earn Subscriptions. This is a great opportunity to increase your assets by participating in simple yet effective programs, with high profit potential from BABY token. Don't miss the chance to earn rewards and boost your profits with Binance, the leading platform in the crypto market! Join today to not miss this investment opportunity.
In the latest announcement, Binance stated that Babylon (BABY) will be the 14th project on HODLer Airdrop.
Users staking their BNB in Simple Earn products or On-Chain Yields from 07:00 on March 7 to 06:59 on March 13, 2025 (VN time) will receive airdrop distribution as BABY tokens.
Detailed program information HERE
Overview of Babylon Tokenomics and Airdrop
Highlights of Tokenomics
● 51% of tokens are allocated for community incentives, ecosystem building, R&D, and operations. On the other hand, a total of investors + team + advisors receive 49%.
● Long-term and strict unlocking: Unlocking over 4 years for investor + team + advisor tokens, no unlocking in the first year. This design demonstrates the long-term commitment of the Babylon team to the project.
● No staking tokens are locked in the first year: investors + team + advisors cannot stake their locked tokens in the first year. This allows the community to receive higher staking rewards.
● 8% inflation in the first year, 4% for BTC stakers. 4% for BABY stakers.
○ A reasonable inflation rate to kickstart the ecosystem.
○ Balanced sustainability of both BABY staking and BTC staking
○ Create space for further development of tokenomics
Highlights of Airdrop
● 6% airdrop for early users
○ Transparent and clear rules
○ 4% airdrop at chain launch
○ 2% of the airdrop bonus will be awarded to BTC stakes transitioning to Phase 2 and protecting the Babylon Genesis chain for at least 100 days. Since this is a future airdrop to reward future actions, it will be carried out 6 months after the chain launch.
● No censorship:
○ all Phase 1 stakes receive airdrop participation, even overflow stakes. ○ all registered NFTs receive the same airdrop. No sybil censorship.
● Verifiable: all BABY addresses can be cryptographically verified, specifically they can prove cryptographically that they own BTC stakes or NFTs. Therefore, there is no insider airdrop or fake airdrop.
● Cost compensation: Cap-1 stakes receiving airdrop have high participation to help offset our high BTC transaction fees.
● More airdrops: There will also be wallet campaigns, trading platform earning programs, liquidity incentive programs, etc. These will be carried out by the respective entities.
● No request needed: Tokens are directly transferred to airdrop recipients. No request needed. This minimizes user effort.
● Second chance: Stakes that missed the previous registration will have a second chance to register and receive relevant airdrops.
Details about Tokenomics
● Total initial supply is 10 billion:
○ 15% community incentive reserves
○ 18% of ecosystem building reserves
○ 18% operational reserves and R&D
○ 30.5% investors
○ 15% core team
○ 3.5% advisors
● unlocking:
○ no locking into community incentive reserves
○ Unlocking over 3 years for ecosystem building and operational reserves and R&D ○ Unlocking over 4 years for investors, core team, and advisor tokens. No unlocking in the first year. Core team tokens must also adhere to 4-year ownership.
● staking:
○ the community can freely stake the tokens released that they have received ○ up to 200 million BABY can be staked from the community + ecosystem building + operational reserves and R&D. Staking rewards will be returned to the corresponding reserve.
○ no staking tokens locked in year 1 for investors, core team, and advisors. ● inflation:
○ Annual inflation of 8%
○ 4% for BTC stakers, 4% for BABY stakers
Details about Airdrop
● 30 million BABY as participation airdrop Phase 1 for all Phase 1 BTC stakes, including accepted and overflow stakes:
○ Each Cap-1 stake receives 550 BABY
○ Each Cap-2 stake receives 150 BABY
○ Each Cap-3 stake receives 100 BABY
● 335 million BABY in the form of basic staking rewards for Phase 1. At each BTC block in Phase 1 (starting from August 2024), a certain amount of BABY will be granted and shared with all active BTC stakes at that BTC block. The final snapshot date is the end of March 31, 2025.
● 200 million BABY as staking rewards for the Phase 2 transition. All active stakes transitioning their stake to Phase 2 to protect the Babylon Genesis chain for 100 days will share this reward, proportionally to the basic staking rewards they have previously received. ● 30 million BABY for 100 thousand NFT Pioneer Pass, each NFT 300 BABY.
● 5 million BABY for Github developers at 3 levels.
● Except for the 200 million BABY staking rewards (to be conducted later), all the above airdrops are directly transferred to recipients when the Babylon Genesis chain launches. No need for compensation requests.
● Those who staked and missed the previous registration will have a second chance to register and receive relevant airdrops.
What are Binance HODLer Airdrops?
This is a reward program for BNB holders with token airdrop based on their historical BNB balance snapshots. By registering BNB in Flexible or Locked Simple Earn products, users will automatically qualify for the Airdrop (as well as Launchpool and Megadrop rewards).
How to receive Airdrop?
Since the airdrop will not be announced in advance, if you just register BNB in the Earn products now, you will have the opportunity to receive it for the next airdrop.
Access [Earn] and search for BNB.
Register for Simple Earn products (Flexible and/or Locked) with your BNB balance.
