Rocky
Rocky|Feb 25, 2025 13:45
The white knight who saved the BTC ecosystem has arrived, which is also the BTC ecosystem project I am most looking forward to personally. In the future, it is expected to release the dormant value of trillions of BTC, release hundreds of billions of incremental funds, and bring about a more vigorous bull market development! Babylon is an emerging project focused on the Bitcoin Secure Network (BSN), aiming to become the core infrastructure within the Bitcoin ecosystem. After a long period of preparation, Babylon finally wants TGE, and the airdrop registration window is from February 25th to March 15th, 2025. The arrival of Babylon is not only expected to save various BTC L2, but also marks the beginning of the prosperity of the BTCFi (Bitcoin financialization) track, which is highly anticipated! 🧐 Airdrop rules: Babylon's airdrop rules are very clear, and unlike other projects, it has more open rules for user participation. The airdrop will cover three types of users: one ️⃣ The first stage pledger: NFT users holding Babylon projects will receive additional distribution. two ️⃣ Final certainty provider: Users who provide technical or ecological support for Babylon. three ️⃣ GitHub contributors: Users who contribute to the project in the open source field, including developers from multiple crypto domains such as Cosmos, Bitcoin, Ethereum, ZK, etc. In addition, users who have contributed content to Babylon before February 19th will also receive social airdrops. In addition, active users participating in wallets such as Binance, OKX, and Tomo will also 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 to provide innovative solutions for the altcoin staking market 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 BTCFi fully explodes, Babylon is expected to become a leader in this field. 📊 Market performance: As of now, Babylon's total value locked (TVL) has reached 55798 BTC, approximately 5.34 billion US dollars, ranking second in the ReStaking project. The success of the project has attracted a large amount of capital participation, especially during the Cap3 period when anonymous experts deposited 10000 BTC at once, demonstrating the market appeal of the project. Although token economics has not yet been announced, Babylon, as a leading project in the BTC ecosystem, undoubtedly has significant market expectations. Summary: Babylon is committed to becoming a key infrastructure in the Bitcoin ecosystem through innovative airdrop mechanisms and a strong technological foundation. Whether it is the structural design of the airdrop or its potential in the BTCFi race, Babylon is worth our attention. As TGE approaches, the project will continue to cause trouble, keep an eye on it at all times! 🧐
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