{"id":22700,"date":"2025-04-03T17:31:23","date_gmt":"2025-04-03T14:31:23","guid":{"rendered":"https:\/\/forklog.com\/en\/babylon-to-airdrop-baby-tokens-to-early-participants\/"},"modified":"2025-04-03T17:31:23","modified_gmt":"2025-04-03T14:31:23","slug":"babylon-to-airdrop-baby-tokens-to-early-participants","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/babylon-to-airdrop-baby-tokens-to-early-participants\/","title":{"rendered":"Babylon to Airdrop BABY Tokens to Early Participants"},"content":{"rendered":"<p>The team behind the Babylon staking protocol for the premier cryptocurrency has unveiled details of the BABY token distribution for early participants. A total of 600 million coins, representing 6% of the total supply, will be allocated for this purpose.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Announcing the details of the Babylon Early Adopters Airdrop. 600M BABY (6% of total supply) will be distributed to Phase 1 stakers, Finality Providers, Pioneer Pass holders, and GitHub contributors. No claim process \u2014 just rewards. Full details ?<a href=\"https:\/\/t.co\/iXdvFEBJxW\">https:\/\/t.co\/iXdvFEBJxW<\/a> ? <a href=\"https:\/\/t.co\/vslOaNwCXN\">pic.twitter.com\/vslOaNwCXN<\/a><\/p>\n<p>\u2014 Babylon Foundation (@bbn_foundation) <a href=\"https:\/\/twitter.com\/bbn_foundation\/status\/1907736757124346363?ref_src=twsrc%5Etfw\">April 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Rewards will be given to Phase 1 stakers, <span data-descr=\"network participants who ensure the irreversibility of blockchain transactions\" class=\"old_tooltip\">Finality Providers<\/span>, holders of non-fungible tokens Pioneer Pass, and GitHub contributors.<\/p>\n<p>No application is required to receive the coins\u2014they will be automatically credited to registered addresses following the launch of the Babylon Genesis network.<\/p>\n<p>Participants in the distribution are divided into five categories:<\/p>\n<ul class=\"wp-block-list\">\n<li>30 million BABY \u2014 to all who participated in Phase 1 staking;<\/li>\n<li>335 million BABY \u2014 basic rewards for Phase 1 staking;<\/li>\n<li>200 million BABY \u2014 bonus for Phase 1 participants who transfer their stakes to Phase 2;<\/li>\n<li>30 million BABY \u2014 to Pioneer Pass holders: 300 BABY per NFT;<\/li>\n<li>5 million BABY \u2014 to GitHub contributors (based on the number of commits).<\/li>\n<\/ul>\n<p>To receive tokens, users must agree to the program&#8217;s terms and conditions.<\/p>\n<p>Babylon representatives clarified that the distribution does not include other campaigns, such as wallet holder promotions, details of which will be disclosed separately.<\/p>\n<p>On the same day, the project team presented the BABY tokenomics with a total supply of 10 billion tokens.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-04-03-155507.webp\" alt=\"Snimok-ekrana-2025-04-03-155507\" class=\"wp-image-255704\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/babylon.foundation\/blogs\/baby-tokenomics-guide\">Babylon Foundation<\/a>.<\/figcaption><\/figure>\n<p>Distribution among ecosystem participants:<\/p>\n<ul class=\"wp-block-list\">\n<li>3.5% \u2014 advisors;<\/li>\n<li>15% \u2014 team;<\/li>\n<li>15% \u2014 community incentives;<\/li>\n<li>18% \u2014 Babylon development;<\/li>\n<li>18% \u2014 research, development, and operations;<\/li>\n<li>30.5% \u2014 early investors.<\/li>\n<\/ul>\n<p><span data-descr=\"total value locked\" class=\"old_tooltip\">TVL<\/span> in the protocol has reached $4.3 billion. This confirms the project&#8217;s leadership in its segment on DeFi Llama. Babylon is the leading <span data-descr=\"decentralized finance on Bitcoin\" class=\"old_tooltip\">BTCFi<\/span> protocol by total value locked.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"387\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-04-03-162919-1024x387.png\" alt=\"Snimok-ekrana-2025-04-03-162919\" class=\"wp-image-255705\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-04-03-162919-1024x387.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-04-03-162919-300x113.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-04-03-162919-768x290.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-04-03-162919-1536x580.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-04-03-162919.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/defillama.com\/protocol\/babylon?denomination=USD\">DeFi Llama<\/a>.<\/figcaption><\/figure>\n<p>Back in December 2024, the exchange Binance <a href=\"https:\/\/forklog.com\/en\/news\/binance-unveils-bitcoin-staking-backed-by-babylon\">launched<\/a> Bitcoin staking supported by Babylon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The team behind the Babylon staking protocol for the premier cryptocurrency has unveiled details of the BABY token distribution for early participants. A total of 600 million coins, representing 6% of the total supply, will be allocated for this purpose. Announcing the details of the Babylon Early Adopters Airdrop. 600M BABY (6% of total supply) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,18,1289,1258],"class_list":["post-22700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-bitcoin","tag-cryptocurrency-staking","tag-tokenomics"],"aioseo_notices":[],"amp_enabled":true,"views":"89","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22700"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22699"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}