Babylon Genesis Network Launches BABY Token Airdrop for Early Supporters

Bittime - Babylon Genesis Network officially announced the launch of the program airdrop token BABY. This program is a form of appreciation to the early supporters of the ecosystem. Check the review here!

This program is present at the same time as the network launch Babylon Genesis. It is a proof-of-stake based Layer-1 blockchain that uses the security of Bitcoin as its foundation.

BABY Token Airdrop, 600 Million BABY Tokens for 5 Categories

The Babylon Foundation, the team behind the project, states that as many as 600 million BABY tokens. That amount, equivalent to 6% of the total supply, will be distributed to the community through five main categories. 

Most of these tokens are aimed at those who have participated in the Bitcoin staking program since the initial phase of the project. BABY token distribution is divided as follows:

• 335 million BABY: given to participants Base Phase-1 staking, namely those who lock Bitcoin assets during the initial trial phase which is limited in number.

• 200 million BABY: as a bonus for users who continue staking from Phase-1 to Phase-2.

• 30 million BABY: given to general staking participants in Phase-1.

• 30 million BABY: allocated to owners Pioneer Pass NFT—each NFT will get 300 BABY.

• 5 million BABY: for GitHub contributors involved in project development, based on their commit activity.

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This airdrop program is intended to appreciate the community that has supported Babylon from the start and to encourage the transition to the next phase of development.

BABY Tokens Can Go Directly to Your Wallet

One of the features that makes this airdrop interesting is no manual claims process. BABY tokens will be sent directly to the registered wallet address at the official launch of the network Babylon. This means that participants only need to ensure their wallet address is registered to receive tokens.

For users who have participated in staking but have not yet registered their wallet address, there is still time to do so while the transition to Phase-2 takes place.

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About Babylon Genesis Network

Babylon Genesis Network is not just a new blockchain network. He brings a unique concept, namely combines the security of Bitcoin with the flexibility of a proof-of-stake system. 

Users can stake with Bitcoin as well as BABY tokens to help maintain network security. This creates a dual-staking model that is rarely found in today's blockchain ecosystem.

The great vision of Babylon is integrating the power of Bitcoin into a PoS (Proof-of-Stake) system. To support its mission, the Babylon Foundation has successfully raised more than $70 million (equivalent to IDR 1.168 trillion) from leading investors.

FAQ

1. What are BABY tokens?

The BABY token is the official governance token of the Babylon Genesis Network. This token is used for staking, voting in network decision making, and plays an important role in the Babylon ecosystem.

2. Do I need to claim BABY tokens manually?

No. BABY tokens will be sent directly to the registered wallet address. Make sure your wallet is registered so you don't miss this airdrop.

3. When will the BABY token airdrop be distributed?

Token distribution will be carried out simultaneously with the official launch Babylon Genesis Network. The exact date will be announced by the Babylon Foundation via their official channel.

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Reference 

coinmarketcap, BABY Token Airdrop Set To Launch With Babylon Genesis Network, accessed April 8, 2025.

Yahoo! Finance, BABY Token Airdrop Set To Launch With Babylon Genesis Network, accessed April 8, 2025.

Author: Y