52.36K
477.96K
2025-04-03 13:00:00 ~ Pending
Pending
Total supply10.00B
Resources
Introduction
The Babylon Bitcoin staking protocol connects Bitcoin Secured Networks with bitcoin holders, giving you direct access to the largest and strongest community in crypto.
Golden Finance reports that Babylon responded to questions about airdrop issues for early adopters on social media, stating that the airdrops for early supporters include: first stage pledgers of Bitcoin, final providers who received delegation in the first stage, and contributors to specific open-source GitHub code repositories. All first-stage pledges (whether accepted, overflowed, unbound or withdrawn) will usually receive an airdrop allocation. The tokens obtained from the airdrop will not have transfer lock-up restrictions. In addition, Babylon also confirmed that the Labs points program ended on April 2nd.
According to a recent report by Binance Research, Bitcoin could undergo a major transformation, shifting from a mere store of value to a true productive asset. This evolution is driven by the rapid expansion of decentralized finance based on Bitcoin (BTCFi), whose total value locked surged by over 2,700% in one year. BTCFi Revolutionizes the Bitcoin Ecosystem Binance Research recently published a report detailing the remarkable expansion of the BTCFi sector ( Decentralized Bitcoin Finance ). This new technological paradigm, which aims to integrate decentralized financial functionalities directly into the base layer of Bitcoin, saw its total value locked (TVL) exceed 8.6 billion dollars in 2025. Interest in BTCFi has significantly intensified following the April 2024 halving, which notably introduced the Runes protocol, the first standard for fungible tokens on the Bitcoin blockchain. This evolution paves the way for new applications previously impossible on the Bitcoin network. Several innovative projects have contributed to this acceleration. Babylon introduced Bitcoin staking for the first time, allowing holders to generate passive income from their holdings. At the same time, Hermetica launched the USDh, the first synthetic dollar backed by Bitcoin, offering early investors an attractive return of 25%. A Strategic Accumulation that Strengthens Demand The data from Glassnode reveals that long-term Bitcoin holders (wallets holding BTC for at least 155 days) have resumed an active accumulation phase after hitting their lowest level last February. This trend mechanically reduces the available supply on trading platforms. This accumulation dynamic is set against a backdrop of growing institutional adoption. On March 7, U.S. President Donald Trump signed a historic decree aimed at creating a strategic reserve of Bitcoin , notably using BTC seized in government criminal cases. BTCUSD chart by TradingView One day after this announcement, Trump also hosted the first White House summit dedicated to cryptocurrencies, an event that elicited mixed reactions within the crypto community. These government initiatives nonetheless mark a turning point in the official recognition of Bitcoin at the highest levels of the State. In summary, the emergence of BTCFi radically transforms Bitcoin from a passive store of value into an asset generating substantial returns. This evolution, combined with the strategic accumulation by States and institutions, strengthens the prospects for massive adoption.
Golden Finance reports, according to official news, in response to the user backlash against the Babylon airdrop event, the Bitcoin ecosystem has launched a Bitcoin community support plan. Affected users can submit their BTC addresses involved in Babylon staking, verification forms and interaction record screenshots. After verification is passed, users can receive BTC airdrop assistance in the upcoming Nubit Bitcoin Lightning Network - Bitcoin Thunderbolt. Relevant parties stated that this move will provide support for affected users and restore confidence in the Bitcoin ecosystem. They call on the Bitcoin community to share this information so more people can learn about this plan.
The Babylon Foundation, a decentralized finance (defi) protocol focused on the Bitcoin network, has announced plans for its BABY token generation event, which includes an airdrop to early supporters. The project is designed to leverage Bitcoin’s proof-of-work (PoW) security for proof-of-stake (PoS) networks through a native staking mechanism that does not require intermediaries or token wrapping. Babylon is a decentralized protocol that allows bitcoin ( BTC) holders to stake assets directly on the Bitcoin blockchain. Using Bitcoin’s unspent transaction output (UTXO) model, the protocol enables users to maintain custody of their bitcoin while participating in the security of PoS chains and decentralized applications (dapps). As of April 3, 2025, Babylon’s total value locked (TVL) is $4.26 billion, according to data from defillama.com. BABY is Babylon’s native token and will be used for governance, transaction fees, and network security functions. The initial supply is capped at 10 billion tokens. It supports a dual staking model in which both bitcoin and BABY stakers receive 4% annual inflation in BABY. Token distribution is divided among community rewards (15%), ecosystem development (18%), research and development (18%), early investors (30.5%), the team (15%), and advisors (3.5%). The token distribution includes multi-year vesting schedules for investors, team members, and advisors. Early investors allocated 3.05 billion BABY will unlock 12.5% of their allocation after one year, with the remainder vesting linearly over three years. Team tokens vest over four years with a one-year cliff, and advisor allocations follow similar timelines. Tokens allocated to ecosystem development and R&D will unlock in phases, with portions eligible for staking. Babylon’s model addresses a specific function in defi: enabling Bitcoin to contribute to the security of PoS networks. The token’s allocation and governance framework are intended to distribute decision-making and incentivize network participation. The token launch formalizes Babylon’s attempt to connect Bitcoin’s existing infrastructure with other blockchain networks. Its continued development will test the feasibility of integrating Bitcoin’s security model with staking-based protocols. 免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。
The Babylon Foundation has unveiled plans for a 10 billion BABY (CRYPTO:BABY) token airdrop to reward early supporters of its Bitcoin-native (CRYPTO:BTC) staking protocol. Babylon enables Bitcoin holders to stake their assets directly on the Bitcoin blockchain, leveraging its proof-of-work (PoW) security to support proof-of-stake (PoS) networks without requiring intermediaries or token wrapping. Babylon’s protocol uses Bitcoin’s unspent transaction output (UTXO) model, allowing users to maintain custody of their BTC while participating in the security of PoS chains and decentralised applications (dApps). As of April 3, 2025, Babylon’s total value locked (TVL) stands at $4.26 billion, according to DeFiLlama data. The BABY token will serve multiple functions within the Babylon ecosystem, including governance, transaction fees, and network security. Token distribution is structured to incentivise participation, with allocations for community rewards (15%), ecosystem development (18%), research and development (18%), early investors (30.5%), the team (15%), and advisors (3.5%). Early investors will unlock 12.5% of their allocation after one year, with the remainder vesting linearly over three years. Babylon’s staking model addresses key challenges in decentralised finance (DeFi), such as liquidity and security. By enabling Bitcoin staking without bridging or transferring assets to third-party custodians, the protocol ensures slashable security guarantees for PoS chains while maintaining liquidity through fast stake unbonding. “Advanced cryptography translates slashing conditions directly into spendable Bitcoin transactions, eliminating the need for bridges and centralised custodians,” emphasised David Tse, Babylon’s co-founder, highlighting the importance of trustless staking. This approach positions Babylon as a scalable solution for integrating Bitcoin’s security model with PoS networks. The airdrop formalises Babylon’s commitment to expanding its ecosystem and incentivising early adoption. As more PoS chains connect to Babylon, stakers are expected to benefit from increased yields driven by network growth and adoption.
According to mempool founder mononaut, after the token airdrop by Babylon, 256 BTC have been redeemed (pledge cancelled) from Babylon in the past 24 hours. The redemption transactions paid a total of 1.35 BTC in fees and consumed 1.318 MvB of block space. Mononaut believes that the high cost of redemption transactions may be due to large unpledging scripts and for some reason, a fixed fee rate chosen several months ago was locked by the protocol, possibly pre-signed transactions.
According to Mononaut statistics, 256 BTC were redeemed from the Babylon platform in the past 24 hours. These unpledged transactions paid a total of 1.35 BTC in fees. In previous news, Babylon will airdrop 600 million BABY to early supporters without the need for manual claims.
Babylon announces the economics of BABY tokens, with a total of 10 billion. They are distributed as follows: Community incentives (15%), Research and Development and Operations (18%), Early private investors (30.5%), Team (15%), Advisors (3.5%).
According to the official announcement, Bitget will launch pre-market trading for BABY (Babylon). The opening time for BABY/USDT is 21:00 on April 3rd (UTC+8).
We're thrilled to announce that Bitget will launch Babylon (BABY) in pre-market trading. Users can trade BABY in advance, before it becomes available for spot trading. Details are as follows: Start time: 3 April, 2025, 13:00 (UTC) End time: TBD Spot Trading time: TBD Delivery Start time: TBD Delivery End time: TBD Pre-market trading link: BABY/USDT Bitget Pre-Market Introduction Delivery method: Coin settlement, USDT settlement Coin settlement Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient spot balances will be filled with corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be triggered immediately. At the project's delivery end time, the system will either deliver or compensate any remaining undelivered orders. USDT settlement For orders under the USDT Settlement mode, all delivery will be executed at the delivery end time of the project. The delivery time for the pre-market project will be announced once the coin's spot listing time is confirmed. Stay tuned to relevant notifications and announcements for the latest information. Example: The user buys 10 tokens at 10 USDT (the filled order is called Order A) and sells 10 tokens at 15 USDT (the filled order is called Order B). At delivery time, the system calculates the delivery execution price based on the average index price from the last ten minute. Assuming the execution price is 5 USDT, the calculations are as follows: PnL of Order A = (5 – 10) × 10 = –50 USDT PnL of Order B = (15 – 5) × 10 = 100 USDT The total PnL for the user in pre-market trading is 50 USDT. For USDT settlement, orders are settled at the average index price from the last ten minutes as the delivery execution price, determined by a weighted average of prices at leading exchanges to ensure fairness and transparency. Introduction The Babylon Bitcoin staking protocol connects Bitcoin Secured Networks with bitcoin holders, giving you direct access to the largest and strongest community in crypto. BABY Total supply: 10,000,000,000 Website | X | Telegram FAQ What is pre-market trading? Bitget pre-market trade is an over-the-counter trading platform specializing in providing a pre-traded marketplace for new coins before their official listing. It facilitates peer-to-peer trading between buyers and sellers, enabling them to acquire coins at optimal prices, secure liquidity in advance, and complete delivery at a mutually agreed upon time. What are the advantages of Bitget pre-market trading? Investors often have expectations regarding the price of a new coin before spot trading becomes available. However, they may be unable to purchase the coin at their preferred price and secure liquidity in advance due to lack of access. In response to this, Bitget pre-market trading offers an over-the-counter (OTC) platform where buyers and sellers can establish orders in advance to execute trades as desired and complete delivery later. In this scenario, sellers are not required to own any new coins; instead, they only need to obtain sufficient new coins for delivery before the designated delivery time. How are pre-market trades deliveries completed? Coin Settlement orders: Sellers can choose to either deliver the tokens or compensate with security deposit before the delivery execution. Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient coin balances will be filled with the corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be trigger immediately.At the delivery end time of the project, the system will settle all remaining orders, either through buy delivery or compensation. If there is a sufficient balance, the corresponding quantity of tokens will be transferred to the buyer's spot account, and the buyer's frozen funds will be transferred to the seller's spot account as payment. Otherwise, the transaction will be canceled. In this case, the system will unfreeze the buyer's funds and compensate the buyer with the seller's frozen security deposit. USDT Settlement orders: All deliveries will be executed at the project's delivery end time. Orders are settled at the average index price over the last ten minutes, which serves as the delivery execution price. Profits and losses are calculated based on the difference between the execution price and the delivery execution price. The losing party will pay the difference to the winning party. Note: 1) The system will execute deliveries in chronological order based on the transaction time of the orders. If you have both buy and sell orders in Coin Settlement mode, the quantities cannot offset each other. Please ensure that your spot account has a sufficient available balance for the sell orders at the time of delivery. Orders with insufficient balance will be treated as the seller's default. 2) For coin settlement orders, only tokens available in your spot account will be used for delivery. Tokens frozen in pending orders or held in other accounts will not be used for delivery. 3) The delivery is expected to be completed within one hour. To mitigate the risk of delivery failure due to insufficient funds, the seller of coin settlement orders should refrain from any transactions involving the delivery currency within 30 minutes after the delivery initiation. How can I make a pre-market trade as a seller? As a seller, you are required to use the USDT in your spot account to pay the margin. You can list your new tokens on the order market at your preferred price via Post Order, or you can find a suitable buy order on the order market and sell it to the buyer at the buyer's asking price. Once the order is filled, you just need to wait for the delivery. How can I make a pre-market trade as a buyer? As a buyer, you are required to use USDT from your spot account to pay for the trade. Using the Place Order function, set the quantity of coins you want to buy at your preferred price and list the maker order in the order market. Bitget will then lock the funds for the purchase and handle any related fees. Alternatively, you can directly select a sell order from the marketplace and buy the coins at the seller's designated price. Once the order is filled, simply await delivery. Do I have to fill the entire maker sell/buy order at once in pre-market trading? No, the platform allows you to trade any quantity of coins as long as it meets the minimum transaction limit. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
According to the announcement by Babylon Foundation, a total of 600 million BABY tokens, accounting for 6% of the total supply, will be airdropped to the first phase pledgers, Finality Providers, Pioneer Pass NFT holders and GitHub contributors. The rewards will be directly distributed to registered addresses after the mainnet launch without any need for users to claim them. Those who have not signed the airdrop agreement can sign it after launch to receive their share. Tokenomics shows that Babylon Genesis will be launched as the first Bitcoin Secure Network (BSN). The native token BABY has a total volume of 10 billion and is mainly used for transaction fees, on-chain governance and security pledges. Babylon adopts a dual pledge model with BTC and BABY. BABY also serves as both gas fee token and governance token. In terms of distribution, private investors account for 30.5%, team members hold 15%, while community incentives and ecosystem construction each account for 15% and 18% respectively. The token has an inflation mechanism where its rate is adjusted by governance.
On April 3rd, Babylon announced the BABY token economics, with a total of 10 billion tokens, including: community incentives (15%), research and operations (18%), early private investors (30.5%), team (15%), advisors (3.5%).
The Babylon Foundation, an entity focused on supporting Babylon's Bitcoin staking protocol, released details for its BABY token generation event that will airdrop distribution to early supporters. BABY will have a total supply of 10 billion tokens at launch. This circulating supply could increase over time as the protocol mints new coins to reward stakers, according to the tokenomics scheme published on April 3. Future governance proposals may alter BABY’s inflation through the Babylon Genesis Chain, a Bitcoin Secured Network developed by the Bitcoin staking provider. The Babylon Foundation allocated about 6% of the total launch supply to early adopters across five categories, including phase-1 stakers (30 million BABY), base phase-1 stakers (335 million BABY), phase-2 transition bonus (200 million BABY), Piooner Pass NFT holders (300 BABY per NFT) and GitHub contributors (5 million BABY, based on commits). Additionally, the foundation earmarked 15% of BABY’s supply for community incentives as well as 18% each for ecosystem building and operations. Advisors will receive 3.5%, the team 15% and early private-round investors 30.5%. All allocations, excluding community incentives and airdrops, are subject to vesting schedules between three and four years. Babylon has not yet confirmed when the airdrop will begin. Some exchanges, including OKX, launched pre-market futures listings on Thursday. Babylon Genesis Chain Beyond acting as an economic reward, BABY will serve as the native token for transaction fees, governance participation, staking and security on the Babylon Genesis Chain . The Babylon Genesis Chain combines Bitcoin’s “crypto-economic security” with Babylon’s proof-of-stake staking protocol for a new network class dubbed the “Bitcoin Secured Network” or BSN. The BSN’s dual staking model will integrates both BABY and BTC, enabling users to lock up either token for network security. “Both Bitcoin stakers and BABY stakers contribute security and receive BABY rewards. This mechanism promotes long-term participation, supporting a sustainable security framework for the Babylon ecosystem,” per a Thursday blog post. Launched in August 2024, Babylon enables bitcoin holders to deposit their assets and earn rewards by securing other blockchains. The protocol has a confirmed user deposit of over 51,906.76 BTC, worth over $4.2 billion, according to a Babylon dashboard . Last May, Babylon raised $70 million in a funding round led by Paradigm. Hashkey Capital and Polychain Capital also participated in the fundraiser. This came after Babylon secured $18 million in capital during a Series A round.
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