How to Earn Babylon (BABY) Tokens: Binance HODLer Airdrop Guide

Babylon is focused on enabling self-custodial Bitcoin staking directly on the Bitcoin Network to enhance the security of Proof-of-Stake blockchains. This innovative approach allows Bitcoin holders to stake their idle bitcoins to increase security for PoS chains while earning yield in the process.

For BNB holders, this presents an opportunity to earn BABY tokens through Binance's retroactive airdrop program. The airdrop is designed to reward users who subscribed their BNB to Simple Earn or On-Chain Yields products during a specific time frame in March 2025.

Let's dive into how you can participate in this airdrop and what makes the Babylon project noteworthy in the evolving landscape of blockchain technology.

How to Participate in the Babylon (BABY) HODLer Airdrop

The Babylon airdrop on Binance follows a retroactive model, meaning eligibility is based on past actions rather than future ones. If you're wondering whether you qualify for this airdrop, here's what you need to know:

Eligibility Criteria

To be eligible for the Babylon (BABY) airdrop, you must have subscribed your BNB to either Simple Earn (Flexible and/or Locked) or On-Chain Yields products from March 7, 2025, 00:00 (UTC) to March 12, 2025, 23:59 (UTC). If you had BNB in these products during this period, you're already qualified for the distribution.

The distribution calculations incorporate a BNB Holding Hard Cap, where your rewards are proportional to your average BNB holding relative to the total average BNB holding. However, if your holding ratio exceeds 4%, it will be capped at 4% for calculation purposes.

Verification Requirements

Participants must complete account verification (KYC) and be from an eligible jurisdiction to receive the airdrop.

Additionally, BABY will not be available for deposits and withdrawals for users from Belgium, France, Italy, Poland, Spain, and Sweden. Users from these countries will only be able to buy and sell the token on Binance.

Airdrop Distribution Timeline

The HODLer Airdrops information was estimated to be available within 12 hours of Binance's announcement on April 9, 2025. The BABY tokens will be distributed to eligible users' Spot Accounts at least 1 hour before trading starts, which is scheduled for April 10, 2025, at 10:00 (UTC).

Trading Pairs

Once listed, BABY will be available for trading against USDT, USDC, BNB, FDUSD, and TRY pairs. The seed tag will be applied to BABY, indicating it's a newly listed token.

Now that we've covered how to participate in the airdrop, let's explore what makes the Babylon project interesting and why Binance has chosen to include it in their HODLer Airdrops program.

What Is Babylon (BABY)?

Babylon represents an innovative approach to blockchain security by enabling Bitcoin holders to stake their BTC to secure Proof-of-Stake chains. This concept brings together the massive capital value of Bitcoin (approximately $600 billion) with the security needs of the growing PoS ecosystem.

Core Concept: Bitcoin Staking

The fundamental concept behind Babylon is "Bitcoin staking," which allows bitcoin holders to stake their idle bitcoins to increase the security of PoS chains while earning yield. This creates a two-sided marketplace where PoS chains that need security can pay yields to Bitcoin holders who provide capital.

Unlike traditional staking in native PoS chains, Bitcoin staking with Babylon doesn't require bridging bitcoins to other chains or using centralized custodians. Instead, it uses a secure protocol that allows Bitcoin holders to trustlessly stake their bitcoins while providing full slashable security guarantees to PoS chains.

Key Security Properties

Babylon's Bitcoin staking protocol offers three important security properties:

1. Fully slashable PoS security - If there's a safety violation, 1/3 of the Bitcoin stake is guaranteed to be slashed. As long as 2/3 of the Bitcoin stake follows the PoS protocol honestly, the PoS chain remains live.
2. Staker security - Each Bitcoin staker is guaranteed to be able to withdraw their funds as long as they follow the PoS protocol honestly. This ensures that only protocol violators lose their stakes.
3. Staker liquidity - Unbonding of staked bitcoins is guaranteed to be secure and fast without requiring social consensus. This addresses a common issue in standalone PoS chains, which often have unbonding periods of several weeks.

Token Information

According to Binance's announcement, Babylon (BABY) has a genesis total token supply of 10 billion BABY with an unlimited maximum supply. There's an 8% annual inflation rate for the first year, with the inflation rate for subsequent years subject to governance proposals.

The HODLer Airdrops token rewards amount to 75 million BABY, representing 0.75% of the Genesis Total Token Supply. An additional 121.6 million BABY will be allocated to other marketing campaigns six months after the spot listing.

Upon listing on Binance, the total token supply will be 10,015,636,491 BABY, with a circulating supply of 2,294,036,491 BABY (22.90% of the total token supply).

Understanding Binance HODLer Airdrops

Binance HODLer Airdrops is a program designed to reward BNB holders based on historical snapshots of their BNB balances. It offers a simpler alternative to other earning methods that require ongoing actions by rewarding users retroactively.

How HODLer Airdrops Work

The process is straightforward:

1. Users subscribe their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products.
2. Binance takes snapshots of user balances and total pool balances multiple times each hour to calculate users' hourly average balances.
3. For reward calculations, Binance uses historical snapshots of user balances from random periods after the announcement.
4. Eligible users receive their rewards in their Spot Accounts within 24 hours after the HODLer Airdrops is announced.

This mechanism allows BNB holders to earn additional tokens simply by keeping their BNB in these earning products, without requiring any additional actions beyond the initial subscription.