Binance Announces Babylon (BABY) as Its 14th HODLer Airdrop Project
Binance has unveiled Babylon (BABY) as the 14th project under its HODLer Airdrop initiative. The BABY token will officially be listed on April 10. Users who previously subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between March 7, 00:00 (UTC) and March 12, 23:59 (UTC) are eligible to receive the BABY airdrop.
About Babylon (BABY):
Babylon enhances the security of Proof-of-Stake (PoS) blockchains by enabling self-custodial BTC staking directly on the Bitcoin network.
HODLer Airdrop Highlights:
Genesis Supply: 10 billion BABY tokens
Annual Inflation: 8% in the first year; future inflation rates to be decided via governance proposals
HODLer Airdrop Allocation: 75 million BABY (0.75% of the total genesis supply)
Marketing Campaigns: An additional 121.6 million BABY tokens will be released over six months post-listing
Initial Circulating Supply: 2.29 billion BABY (22.9% of the total supply)
Total Supply Post-Listing: Over 10 billion BABY tokens
Listing Fee: Zero
Trading Information:
BABY will be listed on Binance Spot Markets on April 10 at 10:00 (UTC) with the following pairs:
BABY/USDT
BABY/BNB
BABY/FDUSD
BABY/TRY
The BABY token will carry a Seed Tag, indicating a high-potential early-stage project that may carry higher volatility. Users are advised to exercise caution and conduct due diligence.
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