On April 10, according to the latest information, Babylon Foundation successfully completed the distribution of BABY Token through Airdrop. Users will receive BABY in their wallets sequentially, without any transfer restrictions. This is a step aimed at increasing liquidity and reaching a wide user community.
Users can choose to pledge BABY Token to participate in the Babylon Genesis security verification process, thereby receiving additional rewards in BABY. This mechanism not only encourages users to hold BABY but also creates motivation to participate in Babylon's ecosystem.
Individuals participating in BABY Token pledging will have the right to participate in the governance of Babylon's Bitcoin pledging protocol through Babylon Genesis's on-chain governance system. This will help ensure the safety and sustainability of the network through community decisions, reflecting the decentralized governance spirit that cryptocurrency projects are aiming towards.
The above information is only for market news purposes and should not be considered investment advice.
