Mudrex is excited to announce the listing of Babylon (BABY) on our coins (Spot) trading platform! Users can now start trading BABY.
About Babylon
Babylon (BABY) is the native token of the Babylon Genesis network, a pioneering Layer-1 blockchain that integrates Bitcoin’s security into the Proof-of-Stake (PoS) ecosystem. Through a unique dual-staking model, BABY tokens are used alongside Bitcoin to secure the network, enabling BTC holders to stake their assets non-custodially and earn rewards without relinquishing control. The BABY token serves multiple purposes: it functions as the gas token for transactions and smart contract executions, facilitates governance by allowing holders to vote on protocol changes, and provides staking incentives to both BTC and BABY stakers. With a total supply of 10 billion tokens and an annual inflation rate of 8%—split equally between BTC and BABY stakers—BABY is central to Babylon’s mission of enhancing blockchain security and interoperability across networks.
Learn more about Babylon here – Whitepaper | Official Website | X
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Disclaimer: Cryptocurrency trading carries significant risks and may lead to the loss of your invested capital. It is essential to thoroughly understand these risks, assess your level of experience and investment goals, and seek independent financial advice if needed. Mudrex is not liable for any losses incurred as a result of trading on our platform.
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