Get Ready for the BABY Airdrop! 🚀
Bitcoin Early Supporters to Receive 600 Million BABY Tokens via Airdrop by Babylon Foundation
Here's a quick rundown:
The Babylon Foundation has announced an airdrop of 600 million BABY tokens, making up 6% of the total 10 billion supply.
Who's Getting the Goodies? 🎁
- Top dog? Phase-1 Bitcoin stakers with 335M tokens 👩💻🧑💻
- Phase-1 stakers transitioning to Phase-2, grabbing 200M tokens 💰💪
- Pioneer Pass NFT holders collect 30M tokens 🎫
- GitHub contributors get 5M tokens 💻
How's It Work? 🤝
If you've connected your Bitcoin staking wallet and registered your BABY address, you're golden! You'll receive your tokens on the launch of Babylon Genesis Network 🌐💼
Those still staking but not registered? No worries—just move your stakes to Phase-2 🔄🎉
The BABY Situation 💸💼
Currently, over 51,900 BTC (worth over $4.2B) is staked in the protocol! 💥📈
Dual-Staking for the Win 🔄🔥
BABY serves as the native token for Babylon Genesis, a PoS blockchain secured by Bitcoin. Users can stake both BTC and BABY tokens 🎯🔒
Stakers will receive BABY rewards and enjoy an annual inflation rate of 4%, encouraging long-term participation 🏆💰
Tokens & Allocations 💰🏗️
Beyond the airdrop, allocations include:- Community incentives: 15%- Ecosystem building: 18%- Operations: 18%- Team: 15%- Early private-round investors: 30.5%- Advisors: 3.5% 👥💼
Most of these allocations come with vesting schedules, promoting long-term commitment 📚
Babylon's unique offering allows Bitcoin holders to secure networks without giving up custody or wrapping tokens
In the world of Babylon Genesis, cryptocurrency stakers reap benefits. Bitcoin stakers, particularly those in Phase 1, stand to gain 335 million BABY tokens due to the inflation of the native BABY token, offering an annual rate of 4%. This technology-driven approach encourages long-term participation in both Bitcoin and BABY staking.
