CRYPTO MECHANIC
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$BABY Is doing well since the launch and you may want to know what the project is and what they do. So here is everything you needs to know about the Babylon
** What is Babylon (BABY) ? **
Babylon Bitcoin staking protocol enables bitcoin holders to provide security and liquidity to Bitcoin Secured Networks (BSNs) and, in return, get the opportunity to earn validation rewards from those networks. Babylon Genesis is the first Bitcoin Secured Network (BSN), leveraging crypto-economic security directly from Bitcoin via the Babylon Bitcoin staking protocol.
** BABY Token Utility / Usecase **
BABY is the native token of Babylon Genesis. It will play a critical role in transactions, governance, and security within the ecosystem.
🔸Transaction Fees
BABY serves as the gas token for Babylon Genesis, facilitating transactions and smart contract execution in its role as a control plane and liquidity hub.
🔸Governance
It also enables governance, allowing BABY token holders and their delegated validators to vote on protocol changes and network upgrades.
🔸Staking
Babylon Genesis employs a dual staking model, utilizing both BABY and BTC to strengthen network security. Both Bitcoin stakers and BABY stakers contribute security and receive BABY rewards.
🔸Security
By utilizing BABY tokens, Babylon Genesis aligns incentives across validators, Bitcoin stakers, and governance participants, positioning it to be a robust and decentralized Bitcoin Secured Network.
** Babylon’s Security Model **
🔸 BTC Staking
Stake BTC natively via non-custodial vaults — no wrapping, no bridging, full control.
🔸BABY Staking:
Validators stake BABY to operate the network.
If they act maliciously, they’re slashed, providing a security buffer for BTC stakers.
** $BABY Tokenomics **
Total Supply: 10 billion BABY
Circulating Supply 2,294,036,491 (22.90%)
HODLer Airdrops Token Rewards: 75,000,000 BABY
Inflation Rate: 8% annually ( 4% to BTC stakers , 4% to BABY stakers )
Read More 👇
Deep Dive into Babylon
** What is Babylon (BABY) ? **
Babylon Bitcoin staking protocol enables bitcoin holders to provide security and liquidity to Bitcoin Secured Networks (BSNs) and, in return, get the opportunity to earn validation rewards from those networks. Babylon Genesis is the first Bitcoin Secured Network (BSN), leveraging crypto-economic security directly from Bitcoin via the Babylon Bitcoin staking protocol.
** BABY Token Utility / Usecase **
BABY is the native token of Babylon Genesis. It will play a critical role in transactions, governance, and security within the ecosystem.
🔸Transaction Fees
BABY serves as the gas token for Babylon Genesis, facilitating transactions and smart contract execution in its role as a control plane and liquidity hub.
🔸Governance
It also enables governance, allowing BABY token holders and their delegated validators to vote on protocol changes and network upgrades.
🔸Staking
Babylon Genesis employs a dual staking model, utilizing both BABY and BTC to strengthen network security. Both Bitcoin stakers and BABY stakers contribute security and receive BABY rewards.
🔸Security
By utilizing BABY tokens, Babylon Genesis aligns incentives across validators, Bitcoin stakers, and governance participants, positioning it to be a robust and decentralized Bitcoin Secured Network.
** Babylon’s Security Model **
🔸 BTC Staking
Stake BTC natively via non-custodial vaults — no wrapping, no bridging, full control.
🔸BABY Staking:
Validators stake BABY to operate the network.
If they act maliciously, they’re slashed, providing a security buffer for BTC stakers.
** $BABY Tokenomics **
Total Supply: 10 billion BABY
Circulating Supply 2,294,036,491 (22.90%)
HODLer Airdrops Token Rewards: 75,000,000 BABY
Inflation Rate: 8% annually ( 4% to BTC stakers , 4% to BABY stakers )
Read More 👇
Deep Dive into Babylon
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
95,390.33
-0.63%
BABY
0.08721
-4.02%