Binance Introduces Babylon (BABY) as Its 14th HODLer Airdrop Project
BABY tokens can be earned retroactively through BNB Simple Earn participation.
Binance will officially list BABY on April 10.
Binance has unveiled Babylon (BABY) as the 14th project in its HODLer Airdrop series. Babylon enhances the security of Proof-of-Stake (PoS) blockchains by enabling self-custodial Bitcoin staking directly on the Bitcoin network.
The HODLer Airdrop program is designed to reward BNB holders by distributing tokens based on historical BNB balance snapshots.
Details of the Binance BABY HODLer Airdrop
According to the official announcement, users who subscribed BNB to Simple Earn (either Flexible or Locked) and/or On-Chain Yields products between March 7 (00:00 UTC) and March 12 (23:59 UTC) will be eligible for the airdrop.
Key highlights include:
The total Genesis supply of BABY tokens is 10 billion.
An annual inflation rate of 8% will apply in the first year, with the rate thereafter determined by governance proposals.
75 million BABY tokens (0.75% of the Genesis supply) are allocated for the HODLer Airdrop.
Post-listing, an additional 121.6 million BABY tokens will be distributed over six months through marketing campaigns.
The total supply will exceed 10 billion after listing.
The circulating supply at the time of listing will be approximately 2.29 billion tokens (22.9% of the total).
BABY will have zero listing fees.
Trading Details
Trading for BABY will begin on April 10 at 10:00 UTC. The following trading pairs will be available:
BABY/USDT
BABY/BNB
BABY/FDUSD
BABY/TRY
BABY will be listed with a Seed Tag, indicating it's a newer project with potentially higher volatility. Investors are advised to exercise caution.
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