Note: Before trading the above tokens on non-Binance platforms, please do your own research to avoid any fraud and ensure the safety of your assets.
This is a general announcement; the products and services mentioned here may not be applicable in your region.
Dear Users:
The Binance HODLer Airdrop has launched its 14th project - Babylon (BABY), supporting direct self-custody BTC staking on the Bitcoin network to enhance the security of POS blockchains. From March 7, 2025, 08:00 to March 13, 2025, 07:59 (UTC+8), users who use BNB to subscribe to principal-protected earning (fixed and/or flexible) or on-chain earning products will receive airdrop allocations. HODLer airdrop information is expected to be available within 12 hours, and new tokens will be distributed to users' spot wallets at least 1 hour before trading starts.
Binance will list BABY at 18:00 on April 10, 2025 (UTC+8) and open trading pairs against USDT, USDC, BNB, FDUSD, and TRY, following Seed Tag trading rules. The BABY deposit channel will open 6 hours later.
BABY HODLer Airdrop Details:
Token Name: Babylon (BABY)
Genesis Token Total Supply: 10,000,000,000 BABY
Token Maximum Supply: Unlimited (the annual inflation rate in the first year is 8%. From the second year, the inflation rate will be determined by governance proposal voting)
Total HODLer Airdrop Token Amount: 75,000,000 BABY (accounting for 0.75% of the total supply of genesis tokens)
An additional 121,600,000 BABY will be released in batches for market activities 6 months after the spot listing; detailed rules will be announced separately.
Total token supply at the time of listing on Binance: 10,015,636,491 BABY
Circulating supply at the time of listing on Binance: 2,294,036,491 BABY (accounting for 22.90% of the total token supply)
Network Details: Babylon Explorer
Listing Fee: 0
Research Report: Babylon (BABY) (the report will be available within 24 hours of this announcement)
BNB Holding Hard Cap: Average BNB holdings per user / Total average BNB holdings * 100% ≤ 4% (if the holding percentage exceeds 4%, the BNB holding ratio will be calculated at 4%)
HODLer Airdrop Introduction
The Binance HODLer Airdrop takes historical snapshots based on users' BNB holdings and rewards token airdrops to BNB holders. By using BNB to subscribe to principal-protected earning (fixed and/or flexible) products, users will automatically qualify for the HODLer airdrop (as well as Launchpool and Megadrop rewards). By using BNB to subscribe to on-chain earning products, users will automatically qualify for the HODLer airdrop and Launchpool rewards.
Unlike other earning methods that require continuous operation, the HODLer airdrop rewards users retroactively, providing a simpler additional earning method. By using BNB to subscribe to principal-protected earning products or on-chain earning products, users can automatically receive token rewards.
How to benefit from the HODLer airdrop
Go to the [Finance] page and search for BNB;
Use BNB holdings to subscribe to principal-protected earning products (flexible and/or fixed) or on-chain earning products;
Binance will take multiple snapshots of users' BNB holdings and total pool holdings randomly every hour to calculate users' hourly average holdings in principal-protected earning products and on-chain earning products. Binance will calculate user rewards by taking historical snapshots of users' BNB holdings during a random time period after this announcement is published;
For example: The calculation of HODLer airdrop rewards on June 11, 2024, may reference the snapshots of users' BNB holdings from June 1, 2024, to June 7, 2024.
Qualified users will receive HODLer airdrop rewards in their spot wallets within 24 hours after the HODLer airdrop announcement.
Project link:
Official website: https://babylonlabs.io/, https://babylon.foundation/
Whitepaper: https://docs.babylonlabs.io/papers/btc_staking_litepaper(EN).pdf
X: https://x.com/babylonlabs_io, https://x.com/bbn_foundation
Terms and Conditions:
Users must complete identity verification (KYC) and be from a qualified jurisdiction to participate in the HODLer airdrop;
Airdrop tokens will be automatically transferred to each user's spot wallet before going live on Binance Spot;
Unless otherwise specified, if there are multiple HODLer airdrop projects taking place simultaneously, users' BNB assets in principal-protected earning products (fixed and/or flexible) and on-chain earning products will be allocated to these projects;
Principal-protected earning BNB flexible products used as collateral in Binance lending (flexible rates) will not be eligible for HODLer airdrop rewards;
BNB assets subscribed to principal-protected earning products will still enjoy common benefits such as eligibility for Launchpool and Megadrop and VIP level benefits;
The HODLer airdrop reward calculation will support staking Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in Binance's non-custodial wallet;
For the trading pairs mentioned above, spot algorithm orders will also start supporting trading at 18:00 on April 10, 2025 (UTC+8). Trading bots and spot copy trading will be enabled within 24 hours after the above tokens are listed on the spot market. For existing spot copy trading portfolios, users can enable new trading pairs through [Spot Copy Trading Settings] - [Personal Trading Pair Preferences];
Participation in the HODLer airdrop is subject to the requirements based on the user's country or region of residence to meet participation eligibility;
Binance reserves the right to disqualify participants who tamper with Binance's program code or use other software to interfere with the operation of Binance's program code;
Users must come from qualified jurisdictions to participate in the HODLer airdrop. Currently, users residing in the following countries or regions will not be able to participate via subscribing to BNB principal-protected earning products or on-chain earning products:
Australia, Canada, Cuba, Crimea, Cyprus, Donetsk, Hong Kong, Iran, Japan, Kazakhstan, Luhansk, New Zealand, Netherlands, North Korea, Russia, Syria, United Kingdom, United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, and U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
The list of restricted countries or regions may be updated periodically as laws, regulations, and other factors change;
Users from the following countries/regions cannot use BABY for deposits and withdrawals: Belgium, France, Italy, Poland, Spain, and Sweden. Users from these countries/regions can only buy and sell tokens.
There may be discrepancies between the English original announcement and the translated version. In case of any discrepancies, please refer to the English original for the latest or most accurate information.
Thank you for your support of Binance!
Binance Team
April 9, 2025
Note: This announcement was updated on April 9, 2025, to clarify that users in Belgium, France, Italy, Poland, Spain, and Sweden will not be able to use BABY for deposits and withdrawals. Users from these countries can only buy and sell the token.