The post Babylon Genesis Network to Airdrop BABY Tokens for Bitcoin Stakers and Early Supporters appeared on BitcoinEthereumNews.com.

The Babylon Foundation has introduced its BABY token alongside a significant airdrop initiative poised to benefit early Bitcoin stakers. The initiative focuses on rewarding early participants and stakeholders in a move that amplifies the growing intersection between Bitcoin and innovative staking protocols. “Tokens will be directly transferred to the registered BABY address upon Babylon Genesis launch,” the Babylon Foundation stated on X (formerly Twitter), simplifying the acquisition process for users. This article delves into the launch of Babylon’s BABY token and its airdrop strategy targeted at Bitcoin stakers, marking a notable advancement in crypto integrations. Babylon Genesis Network Launches with Unique Airdrop for BABY Token Holders The Babylon Genesis Network has officially announced the details of its eagerly awaited BABY token launch, designed to foster participation among Bitcoin stakers. This move not only highlights the growing adoption of proof-of-stake models but also emphasizes Babylon’s commitment to integrating traditional Bitcoin staking with novel governance roles. A Detailed Breakdown of the Airdrop Strategy for BABY Token Under its initial airdrop plan, Babylon is allocating 6% of the total BABY token supply, equivalent to 600 million tokens, to reward early users. The larger portion—585 million BABY tokens—is designated for users who staked Bitcoin with Babylon during its Base Phase-1 staking period, which created significant liquidity and interest in the platform’s capabilities. The breakdown of these incentives reveals a structured approach: 30 million BABY for general staking participation. 335 million BABY allocated to users based on their engagement during Phase-1 staking. 200 million BABY is a bonus for transitioning users who move their stakes to Phase-2. 30 million BABY is reserved for Pioneer Pass NFT holders, incentivizing crossover between NFTs and traditional staking. Understanding Babylon’s Dual-Staking Model Babylon is also rolling out a dual-staking model that allows users to stake both Bitcoin (BTC) and…

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Filed under: News - @ April 4, 2025 2:30 am