陈剑Jason|Mar 04, 2025 01:07
The deadline for Babylon's airdrop registration is March 15th, and the airdrop rules are very detailed. The airdrop scope has been expanded and the requirement for staking history has been cancelled. In addition, when opening Space the day before yesterday, the official said that they would not oppose witches and should have good results. Friends who meet the conditions should remember to register and not miss it. At that time, I forgot to register on Eigenlayer and almost lost 2WU. The registration link is as follows https://babylon.foundation/blogs/airdrop-registration-announcement
At present, Babylon has pledged 54218 BTC, with a total TVL of 4.6 billion US dollars. Compared to other liquidity pledge projects, its unique feature is that it is completely self managed, without the need for encapsulation, cross chain, or anchoring. BTC remains on the Bitcoin mainnet and can be released at any time.
Babylon's first Bitcoin secure network, BSN, has also been officially launched. This is an L1, rather than the previous misunderstanding that Babylon is a BTC L2 concept. BSN uses Babylon's own Bitcoin staking protocol to empower other ecosystems with Bitcoin as the basis for security and liquidity. The first batch of BSN supported models include L1 built using Cosmos SDK and L2 built using OP Stack and other technologies. Therefore, BSN's coverage is still comprehensive. The development of BSN is divided into three stages, and the ultimate goal is to serve as a control hub for coordinating the adoption of Bitcoin as security and liquidity among other entities.
For other ecological public chains that join BSN, in addition to inheriting Bitcoin security, they do not need to pledge their own tokens to ensure security, and therefore do not need to continuously issue rewards to stakers, which can minimize the inflation of native tokens and fully release the utility of their native tokens.
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