BTC staking "Babylon" releases details of its own token

2025/04/04 11:29 (Updated 2025/05/01 08:02)
CoinPost
Written by K.Kobayashi
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BTC staking "Babylon" releases details of its own token

Overview of our unique token BABY

On the 3rd, the Babylon Foundation, which supports the staking protocol "Babylon" for the cryptocurrency Bitcoin (BTC), released information on its own token "BABY".

This time, the issuance itself was announced in advance, but the purpose of BABY and the distribution ratio of the initial supply were explained. In addition, an explanation of the "Early Adopters Airdrop" for early adopters was also published on a separate webpage.

What is staking?

It is a system in which you can earn rewards by depositing virtual currency and contributing to the operation of the network.

Babylon is a consensus...

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Iolite Vol.15

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MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.