Crypto

BTC staking "Babylon" releases details of its own token

2025/04/04CoinPost
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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