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Cryptocurrency News Articles

Babylon Airdrop Details Out: Here's Who's Eligible and How to Register

Feb 25, 2025 at 09:28 pm

After much anticipation and the Babylon Off-Phase 2 launch in the previous month, the airdrop details are out. According to the Babylon Foundation announcement, this token distribution event is primarily aimed at the early adopter and contributors to the network.

Babylon Foundation, the Web3 infrastructure project, has announced key details regarding its Baby token launch, including airdrop registration and potential price at launch. Here's a summary:

Babylon Airdrop Details:

The Babylon airdrop is open to early adopters and contributors to the network, with specific eligibility criteria for each category.

Phase 1 stakers (staked before BTC block height 875087), Pioneer Pass NFT holders (early stakers with Pioneer Pass NFTs), Phase 1 finality providers (Babylon Github users with delegations), and developers who contributed to the open source project are eligible.

Additionally, there are special airdrops for Binance Earn participants and wallet-specific captains.

How to Register for Babylon Airdrop:

The Babylon airdrop window is from February 25, 2025, 8:00 AM UTC, to March 15, 2025, 8:00 AM UTC.

During this period, users can create their BABY address and cryptographically link it to their BTC wallet used for staking or other activities.

Web users can visit airdrop.babylon.foundation to create the BABY address and provide their BTC address (for staking), Polygon address (for NFTs), and/or GitHub account, followed by signing the required cryptographic proofs of possession to complete registration.

CLI users can follow the CLI guide to generate cryptographic proof, such as their BTC public key, Polygon address, and finality provider public key, and submit the registration using the Babylon API.

BABY Token Price at Launch:

The BABY token's TGE was announced on February 25, 2025, sparking speculation about its launch price.

According to Uniswap pre-trading market data, investors' excitement drove a 5% surge in the BABY/BTC trading volume within 15 minutes of the announcement.

The impact was also seen in the Babylon token price, which increased by 3%. Binance trading activity showed a 2.5% increase in the BABY/USDT price.

Investors' anticipation for this token's launch is evident, although the precise launch price is yet to be determined due to missing tokenomics and other relevant details. Investors are advised to wait for further information on the subject.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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