The white knight that saves the #BTC ecosystem has arrived.

CN
Rocky
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6 hours ago

Saving the #BTC ecosystem, the white knight has arrived! This is also the #BTC ecosystem project I am personally most looking forward to, with the potential to unlock trillions of dormant BTC value and release hundreds of billions in incremental funds, leading to a more prosperous bull market development!

Babylon is an emerging project focused on the Bitcoin Security Network (BSN), aiming to become the core infrastructure within the Bitcoin ecosystem. After a long period of preparation, Babylon is finally about to have its TGE, with the airdrop registration window from February 25 to March 15, 2025. The arrival of #Babylon not only holds the promise of saving various BTC L2s but also marks the beginning of the prosperity of the #BTCFi (Bitcoin Financialization) track, which is highly anticipated!

🧐 Airdrop Rules:

The airdrop rules for #Babylon are very clear. Unlike other projects, it has more open rules for user participation. The airdrop will cover three types of users:

1️⃣ Phase One Stakers: Users holding NFTs from the Babylon project will receive additional allocations.

2️⃣ Final Certainty Providers: Users providing technical or ecological support to Babylon.

3️⃣ GitHub Contributors: Users contributing to the project in the open-source field, including developers from various Crypto fields such as Cosmos, Bitcoin, Ethereum, ZK, etc.

Additionally, users who contributed content to Babylon before February 19 will also receive a social airdrop. Furthermore, users participating in activities from wallets like Binance, OKX, Tomo, etc., will receive separate airdrops.

⚠️ Be sure not to forget to register: https://babylon.foundation/blogs/airdrop-registration-announcement

🎯 Future Development of the Project:

Babylon's ultimate goal is to build a scalable Bitcoin Security Network (BSN) and hopes to provide innovative solutions for the staking market of altcoins beyond Bitcoin and its derivative tokens. The official mentioned that it may expand to more ecosystems in the future, seeking greater market space and potential, especially before the full explosion of BTCFi, where Babylon is expected to become a leader in this field.

📊 Market Performance:

As of now, Babylon's Total Value Locked (TVL) has reached 55,798 BTC, approximately $5.34 billion, ranking second among ReStaking projects. The project's success has attracted significant capital participation, especially during the Cap3 period, where an anonymous big player deposited 10,000 BTC at once, demonstrating the market appeal of this project. Although the tokenomics have not yet been announced, as a leading project in the #BTC ecosystem, Babylon undoubtedly has significant market expectations.

In summary: #Babylon is committed to becoming a key infrastructure in the Bitcoin ecosystem through its innovative airdrop mechanism and strong technical foundation. Whether it’s the design of the airdrop structure or its potential in the BTCFi track, Babylon is worth our attention. With the TGE approaching, the project will continue to make moves, so stay alert! 🧐

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