In the past few days, Baby has transformed from a previous state of crashing the market to nearly doubling in value within a few days. What is the background of this coin?
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Back to the main topic, Babylon is the "security outsourcing expert" of the Bitcoin ecosystem. It does not build bridges, package, or custody, yet allows your Bitcoin to earn passive income.
All along, Bitcoin has not engaged in smart contracts or scaling, resulting in a locked-in value.
Babylon has decided to break this situation by using a cryptographic protocol comparable to magic, packaging Bitcoin's "defensive power" and delivering it to major PoS chains, such as Cosmos, Polygon, Polkadot, etc., allowing them to benefit from a big boost in security.
Babylon's staking protocol uses "remote staking," meaning you don't have to move your Bitcoin around to achieve staking, while also providing the network with "reducible" security, truly achieving both safety and profit. Its Bitcoin timestamp protocol is a master of time management, allowing events from other chains to be "written into Bitcoin's diary," enhancing trust, reducing security costs, and maximizing liquidity.
In summary: Babylon allows 21 million Bitcoins to no longer remain dormant and earn income safely.
Baby is the 14th project of Binance HODLer, with an airdrop of 75 million coins, reaching a total of 0.75% of the total supply,
HODLer lets your BNB create new earnings. binance.com/zh-CN/bnb
Total supply: 1 billion coins.
Maximum supply: Infinite, with an inflation rate of 8% in the first year.
Current circulation: 2.3 billion coins.