Binance is thrilled to announce the 14th project on the HODLer Airdrops page – Babylon (BABY). This project facilitates self-custodial BTC staking directly on the Bitcoin Network to improve the security of PoS blockchains. Users who subscribed to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between 2025-03-07 00:00 (UTC) and 2025-03-12 23:59 (UTC) will be eligible for the airdrop distribution. The HODLer Airdrop details will be available in approximately 12 hours, and the new tokens will be distributed to users’ Spot Accounts at least one hour before trading begins.
Binance will list BABY on 2025-04-10 at 10:00 (UTC), with trading pairs against USDT, USDC, BNB, FDUSD, and TRY. The seed tag will be applied to BABY. Users can begin depositing BABY 6 hours after this announcement.
**BABY HODLer Airdrop Details**
- **Token Name**: Babylon (BABY)
- **Genesis Total Token Supply**: 10,000,000,000 BABY
- **Max Token Supply**: Infinite (8% annual inflation for the first year; inflation rate for subsequent years will be determined by governance proposals)
- **HODLer Airdrop Token Rewards**: 75,000,000 BABY (0.75% of Genesis Total Token Supply)
- **Additional Allocation**: 121,600,000 BABY will be distributed across other marketing campaigns in batches, starting 6 months after the spot listing. More details will follow in a separate announcement.
- **Total Token Supply at Listing on Binance**: 10,015,636,491 BABY
- **Circulating Supply at Listing on Binance**: 2,294,036,491 BABY (22.90% of total token supply)
- **Network Details**: Babylon Explorer (available at public launch)
- **Listing Fee**: 0
- **Research Report**: A Babylon (BABY) report will be available within 24 hours of this announcement.
- **BNB Holding Hard Cap**: User’s average BNB holding / total average BNB holding * 100% ≤ 4%. If the holding ratio exceeds 4%, the BNB holding ratio will be capped at 4%.
