The Babylon Foundation, an entity tied to the Bitcoin staking protocol Babylon, released tokenomic details for its BABY token Thursday—and revealed an airdrop for early users.
The Foundation will provide 6% or 600 million BABY, the Babylon Genesis Network’s native governance token, to five reward groups and early supporters as part of its airdrop. The vast majority of tokens (585 million) set aside for the airdrop campaign will be provided to those who have staked Bitcoin with Babylon.
“Tokens will be directly transferred to the registered BABY address upon Babylon Genesis launch,” the Babylon Foundation posted on X (formerly Twitter). “No claims needed.”
The Early Adopters Airdrop (6% of supply) comprises 5 categories:
🔸30M BABY - Staking participation, every Phase-1 stake is eligible
🔸335M BABY - Base Phase-1 staking rewards
🔸200M BABY – Bonus for Phase 1 stakes that will transition to Phase 2
🔸30M BABY - Pioneer Pass NFT ($0.00)…
— Babylon Foundation (@bbn_foundation) April 3, 2025
The l...
24h Most Popular
Utilities