Binance is excited to announce the 14th project on the HODLer Airdrops page – Babylon (BABY), a project that enables self-custodial BTC staking directly on the Bitcoin Network to enhance the security of PoS blockchains. Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-03-07 00:00 (UTC) to 2025-03-12 23:59 (UTC) will get the airdrops distribution. The HODLer Airdrops information is estimated to be available in 12 hours, and the new token will be distributed to users’ Spot Accounts at least 1 hour before trading starts.
Binance will then list BABY at 2025-04-10 10:00 (UTC) and open trading against USDT, USDC, BNB, FDUSD, and TRY pairs. The seed tag will be applied to BABY. Users can start depositing BABY in 6 hours after this announcement.
BABY HODLer Airdrops Details
Genesis Total Token Supply: 10,000,000,000 BABY
Max Token Supply: Infinite (8% annual inflation for the first year. Inflation rate for year 2 onwards is subject to governance proposals)
HODLer Airdrops Token Rewards: 75,000,000 BABY (0.75% of Genesis Total Token Supply)
Additional 121,600,000 BABY will be allocated to the other marketing campaigns (in batches) 6 months after spot listing. Details will be shown in a separate announcement.
Total Token Supply upon Listing on Binance: 10,015,636,491 BABY
Circulating Supply upon Listing on Binance: 2,294,036,491 BABY (22.90% of total token supply)
Network Details: Babylon Explorer (will be available at public launch)
Listing Fee: 0
Research Report: Babylon (BABY) (will be available within 24 hours of publishing this announcement)
BNB Holding Hard Cap: User’s Average BNB Holding / Total Average BNB Holding * 100% ≤ 4% (If the holding ratio is greater than 4%, the BNB holding ratio will be calculated as 4%)
