Binance Announces Babylon (BABY) as 14th Project on HODLer Airdrops Page

Binance has announced the inclusion of Babylon (BABY) as the 14th project on its HODLer Airdrops page. This initiative allows users to engage in self-custodial BTC staking directly on the Bitcoin Network, aiming to enhance the security of Proof of Stake (PoS) blockchains. The announcement was made here.

Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between March 7, 2025, and March 12, 2025, will receive the airdrop distribution. The HODLer Airdrops information is expected to be available within 12 hours, and the new token will be distributed to users’ Spot Accounts at least one hour before trading begins.

Babylon (BABY) Token Details and Trading Information

Binance plans to list BABY on April 10, 2025, at 10:00 UTC, with trading pairs available against USDT, USDC, BNB, FDUSD, and TRY. The token will carry a seed tag, and users can start depositing BABY six hours after the announcement. The total token supply upon listing will be 10,015,636,491 BABY, with a circulating supply of 2,294,036,491 BABY, representing 22.90% of the total token supply.

The genesis total token supply is set at 10 billion BABY, with an infinite max token supply due to an 8% annual inflation rate for the first year. The inflation rate for subsequent years will be determined by governance proposals. A total of 75 million BABY tokens, accounting for 0.75% of the genesis total token supply, will be distributed as HODLer Airdrops Token Rewards.

Participation and Eligibility for HODLer Airdrops

The Binance HODLer Airdrops program rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn or On-Chain Yields products, users automatically qualify for these airdrops. Eligible users will receive their rewards in their Spot Accounts within 24 hours after the airdrop announcement.

Participation is subject to eligibility based on the user’s country or region of residence. Certain regions, including Australia, Canada, and the United States, are excluded from participation. Binance reserves the right to disqualify participants who tamper with the program code or interfere with its operation.

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