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Cryptocurrency News Articles

Babylon (BABY) Is the 14th Project That Binance Has Recently Added to Its HODLer Airdrops Page

Apr 12, 2025 at 03:16 pm

🔸 Babylon (BABY) is the 14th project that Binance has recently added to its HODLer Airdrops page. Babylon's primary goal is to make Proof-of-Stake blockchains safer

Babylon (BABY) Is the 14th Project That Binance Has Recently Added to Its HODLer Airdrops Page

The 14th project that Binance (BNB) has recently added to its HOTDLer Airdrops page is Babylon (BABY), a cryptocurrency project focused on making Proof-of-Stake blockchains safer by enabling users to directly stake Bitcoin on the Bitcoin Network.

This allows people who own BNB to get BABY tokens through Binance's airdrop program that works for past transactions. The airdrop is meant to reward people who pledged their BNB to Simple Earn or On-Chain Yields products during a certain time in March 2025.

First, let's talk about how you can get this airdrop and what makes the Babylon project unique in the realm of blockchain technology.

What is Babylon (BABY)?

Babylon introduces a new way to enhance blockchain security by allowing Bitcoin holders to stake their BTC without leaving the Bitcoin Network. This idea combines the huge value of Bitcoin's capital (around $600 billion) to generate secure and yield-bearing opportunities.

Unlike traditional models, Babylon's Bitcoin staking does not require bridging BTC to other chains or relying on centralized custodians. Instead, it uses a secure, decentralized protocol ensuring stakers retain control while contributing to network security.

The token will be listed on Binance on April 10 at 10:00 (UTC). It will be available for trading with USDT, USDC, BNB, FDUSD, and TRY. The seed tag for the token will be used to denote new listings on Binance.

The price of the token at listing will depend on the aggregate price feed from major cryptocurrency exchanges.

About the Binance HOTDLer Airdrop

The Binance Babylon airdrop uses an older model, meaning that users are eligible based on their actions in the past rather than what they will do in the future. To be eligible for the Babylon (BABY) airdrop, you needed to subscribe your BNB to either Simple Earn (Flexible and/or Locked) or On-Chain Yields products between March 7, 2025, 0:00 (UTC), and March 12, 2025, 23:59 (UTC). If you had BNB in any of these products during this time, you are already eligible for the distribution.

A BNB Holding Hard Cap is used in the distribution calculations. This means that your benefits are based on how much BNB you hold on average compared to the average BNB held by everyone. However, when calculating, if your holding ratio is greater than 4%, it will be capped at that level.

Moreover, to be eligible for the airdrop, users must have a verified account (KYC) and be from a supported country. Notably, users from Belgium, France, Italy, Poland, Spain, and Sweden will not be able to transfer or withdraw funds from BABY. This will be the only exchange where users from these countries will be able to buy and sell the currency.

It is thought that the HOTDLer Airdrops information would be visible 12 hours after the announcement from Binance on April 9, 2025. At least one hour ahead of the trading launch on April 10, 2025, at 10:00 (UTC), the BABY tokens would be credited to the Spot Accounts of eligible users.

The Babylon (BABY) project is no. 14 in the Binance HODLer Airdrops program. The project aims to make Proof-of-Stake blockchains safer by enabling users to directly stake Bitcoin on the Bitcoin Network.

This allows people who own BNB to get BABY tokens through Binance's airdrop program that works for past transactions. The airdrop is meant to reward people who pledged their BNB to Simple Earn or On-Chain Yields goods during a certain time in March 2025.

This DEFI project combines the huge value of Bitcoin's capital (about $600 billion) to generate safer and more decentralized ways to invest in crypto.

The main idea is that Bitcoin stakers can't leave the Bitcoin chain to form a new chain or change the last state of the Bitcoin blockchain.

Each Bitcoin staker must also keep at least 100 days' worth of unclaimed BABY tokens in their account balance to be counted in the final snapshot for the airdrop.

Those who meet the criteria will get 150 BABY tokens per day for 100 days, which adds up to 15,000 BABY tokens in total.

After the snapshot, the unclaimed tokens will be evenly distributed among the remaining BTC stakers.

The minimum amount of tokens a BTC staker can get is 550 BABY, which can be claimed after the snapshot and credited to the Spot Account of the BTC staker.

After the snapshot, the unclaimed tokens will be evenly distributed among the remaining BTC stakers.

The minimum amount of tokens a BTC staker can get is 550

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