Binance has launched the launch of Babylon (BABY) on the pre-market of the perpetual market.
Itemizing Particulars
- Token identify: BABY (Babylon)
- Pre-market open date: 2025-04-05 13:30 (UTC)
- Capped funding charge: +2.00% / -2.00%
- Most leverage: 5x
Do be aware that BABY is just capable of be traded on the perpetual contract of the pre-market on Binance.
About Babylon (BABY)
Babylon (BABY) is a Restaking challenge in Bitcoin ecosystem that goals to enhance the safety and usefulness of blockchain networks.
Particularly, it presents a Bitcoin staking protocol that allows homeowners of Bitcoin to stake their forex with the intention to shield decentralized purposes (dApps) and Proof-of-Stake (PoS) blockchains with out having to wrap, bridge, or give up custody of their belongings.
This novel technique seeks to combine Bitcoin into the bigger decentralized finance (DeFi) ecosystem by extending its safety to different networks and permitting BTC holders to get rewards.
The challenge has already snapshot its airdrop marketing campaign and has additionally been introduced on OKX, Bitget and Kucoin Trade on Thursday.
Beforewards, Binance additionally introduced one other Restaking protocol named Kernel DAO (KERNEL) on the Megadrop Airdrop program.
Study extra: Binance Introduces KernelDAO (KERNEL) on Megadrop!