0%

Babylon airdrop

๐‘ญ๐’๐’๐’๐’๐’˜ ๐’–๐’”:

Newsletter
๐‘ท๐’๐’‚๐’•๐’‡๐’๐’“๐’Ž: BTC
๐‘จ๐’Š๐’“๐’…๐’“๐’๐’‘๏ผš Confirmed โœ…
๐‘ซ๐’Š๐’”๐’„๐’๐’‚๐’Š๐’Ž๐’†๐’“: ๐‘น๐’†๐’‡๐’†๐’“ ๐’•๐’ ๐’•๐’‰๐’† babylon ๐’๐’‡๐’‡๐’Š๐’„๐’Š๐’‚๐’ ๐‘ฟ ๐’‚๐’๐’… ๐’…๐’ ๐’…๐’๐’–๐’ƒ๐’๐’† ๐’„๐’‰๐’†๐’„๐’Œ ๐’•๐’ ๐’‚๐’—๐’๐’Š๐’… ๐’๐’๐’”๐’”๐’†๐’” ๐’„๐’‚๐’–๐’”๐’†๐’… ๐’ƒ๐’š ๐’‘๐’‰๐’Š๐’”๐’‰๐’Š๐’๐’ˆ ๐’˜๐’†๐’ƒ๐’”๐’Š๐’•๐’†๐’”.

๐Ÿ.๐‘ซ๐’†๐’•๐’‚๐’Š๐’๐’”:

Babylon Raises $98M Led by Paradigm to Innovate Trustless Bitcoin Staking

Babylon, a layer 1 blockchain founded by Stanford Universityโ€™s Professor David Tse, has successfully raised $98 million in a funding round led by Paradigm. The projectโ€™s mission is to leverage Bitcoinโ€™s unmatched security to benefit all proof-of-stake (PoS) blockchains without incurring additional energy costs.

The team behind Babylon comprises researchers and seasoned developers from Stanford University, along with experienced business consultants.

Babylonโ€™s mainnet launch introduces a groundbreaking staking protocol that allows Bitcoin (BTC) holders to lock their assets using a self-custodial script. This approach aims to bolster the security of PoS networks. Initially, the staking supply will be capped at 1,000 BTC, supported by over 200 finality providersโ€”akin to PoS validatorsโ€”who will help secure the system.

Babylon utilizes the Bitcoin networkโ€™s Taproot feature to enable a self-custody pledge of Bitcoin. This allows it to gain voting rights in other PoS networks based on the amount of Bitcoin held, thereby enhancing the security of these networks. The rewards generated from staking are distributed through other PoS networks, ensuring that Bitcoin holders face no risk since their Bitcoin remains managed by their own wallets.

This structure creates a win-win situation: Bitcoin holders earn income from staking, Babylonโ€™s PoS validators receive commissions, and PoS projects benefit from enhanced security.

These finality providers receive delegated voting power and can earn commissions from staking rewards. Babylonโ€™s mainnet supports several popular wallets, including Binance Web3 Wallet and OKX Web3 Wallet, making it accessible to a wide range of users.

The protocol also integrates liquid staking token protocols like Bedrock, Solv, and Kinza. This launch follows Babylonโ€™s earlier achievements, such as the worldโ€™s first trustless Bitcoin staking testnet, which attracted over 100,000 stakers within 48 hours. The co-founders emphasize Babylonโ€™s potential to enhance Bitcoinโ€™s utility, positioning it as a foundational security layer for PoS systems while unlocking value from Bitcoinโ€™s $1 trillion ecosystem.


๐Ÿ.๐‘บ๐’•๐’†๐’‘-๐’ƒ๐’š-๐‘บ๐’•๐’†๐’‘ ๐‘ฎ๐’–๐’Š๐’…๐’†:

  1. To qualify for the future Babylon airdrop, you will need some WBTC or BTCB. You can acquire WBTC or BTCB from Binance with a 20% trading fee rebate or OKX with a 20% trading fee rebate.

  2. Earn the future Babylon airdrop by staking on Solv Finance:

    • Visit the Solv Protocol airdrop page.
    • Enter the invite code โ€œL3QP77โ€ and connect your wallet.
    • Connect your Twitter account and follow Solv Finance on Twitter.
    • Sign in with your wallet to access the dashboard.
    • Click on โ€œSolvBTCโ€ at the top of the page.
    • Navigate to SolvBTC and stake your BTC.
    • Additionally, go to the โ€œTrading Strategiesโ€ section and deposit tokens.
    • Earn XP by depositing tokens on the platform.
    • Use the BNB chain to stake BTCB.
  3. Get the future Babylon airdrop by staking BTCB on ChakraChain:

    • Visit ChakraChain and enter the invite code โ€œ4d5319,โ€ then connect your wallet.
    • Use the BNB chain to stake BTCB.
  4. Earn the future Babylon airdrop by holding uniBTC from Bedrock:

    • Visit Bedrock and click โ€œBind Invite Codeโ€ to receive extra boosts. You can use our invite code: CK2UER.
    • Acquire uniBTC. You can check our Bedrock article for more details.
    • Go to B2 and click โ€œBUZZ FARMING,โ€ then deposit your uniBTC.
  5. Earn future Babylon airdrops by holding stBTC from Lorenzo.

    • To get an extra 5% bonus points on top of your staking rewards, click โ€œRewardโ€ and enter the invite code WrHBgtSh. For detailed steps, refer to our Lorenzo article.
    • You can stake BTCB on the Binance Smart Chain (BSC). To acquire BTCB, withdraw Bitcoin from Binance to the BSC network.

You can also qualify for Babylonโ€™s airdrop by participating in the following projects:


๐Ÿ‘.๐‘ท๐’‚๐’“๐’•๐’Š๐’„๐’Š๐’‘๐’‚๐’•๐’† ๐’Š๐’ babylon ๐’‚๐’Š๐’“๐’…๐’“๐’๐’‘ ๐’‚๐’๐’… ๐’†๐’‚๐’“๐’:
Babylon future airdrop


๐Ÿ’.๐‘ฝ๐’Š๐’…๐’†๐’ ๐’•๐’–๐’•๐’๐’“๐’Š๐’‚๐’:


๐Ÿ“.๐‘บ๐’Š๐’Ž๐’Š๐’๐’‚๐’“ ๐’‘๐’“๐’๐’‹๐’†๐’„๐’• ๐’“๐’†๐’„๐’๐’Ž๐’Ž๐’†๐’๐’…๐’‚๐’•๐’Š๐’๐’๐’”:


๐Ÿ”.๐‘ญ๐’–๐’๐’…๐’“๐’‚๐’Š๐’”๐’Š๐’๐’ˆ:
Total Raised 96 M


๐Ÿ•.๐‘ณ๐’‚๐’•๐’†๐’”๐’• ๐‘จ๐’Š๐’“๐’…๐’“๐’๐’‘๐’”:


๐Ÿ–.๐‘ฏ๐’๐’• ๐‘จ๐’Š๐’“๐’…๐’“๐’๐’‘๐’”:

๐‘บ๐’–๐’ƒ๐’”๐’„๐’“๐’Š๐’ƒ๐’† ๐‘ต๐’†๐’˜๐’”๐’๐’†๐’•๐’•๐’†๐’“๐’”:

๐‘ต๐’†๐’˜๐’”๐’๐’†๐’•๐’•๐’†๐’“๐’”

๐‘ซ๐’๐’โ€™๐’• ๐’‡๐’๐’“๐’ˆ๐’†๐’• ๐’•๐’ ๐’‡๐’๐’๐’๐’๐’˜ ๐’–๐’” ๐’๐’:

๐’•๐’ ๐’“๐’†๐’„๐’†๐’Š๐’—๐’† ๐’๐’†๐’˜ ๐’‚๐’Š๐’“๐’…๐’“๐’๐’‘๐’”!