BABYBabylon (BABY) Price

1.Project introduction

Babylon is a pioneering protocol that extends Bitcoin’s security guarantees to Proof-of-Stake networks by allowing BTC holders to stake their assets directly using Taproot scripts—without bridging or wrapping. Its architecture features Babylon Genesis, a Cosmos-SDK-based Layer 1, which taps into Bitcoin’s economic security. The BABY token forms the backbone of the ecosystem for transaction fees, governance, and incentivized security. Babylon’s innovative dual-staking design aligns the interests of Bitcoin and PoS communities and aims to foster robust, decentralized, and secure blockchain applications.

2.Team introduction

David Tse - Co-Founder & Chief Scientist

Stanford University Professor in Electrical Engineering; expert in information theory and distributed systems; U.S. National Academy of Engineering member.

Fisher Yu - Co-Founder & CEO

Serial entrepreneur in blockchain; previously built DeFi protocols; focuses on Bitcoin staking innovation since founding in 2022.

Mingchao Yu - Co-Founder

Technical lead with expertise in protocol design; contributed to early Cosmos ecosystem projects.

3.Investment institution

Paradigm, Polychain, Bullish Capital, Hack VC, Framework Ventures, ViaBTC Capital, Galaxy Digital, Amber Group

4.Token application and distribution

Token application

BABY is the native token on Babylon Genesis, serving as the gas token for all transactions and smart contracts. It grants holders governance rights to vote on protocol upgrades and parameters. BABY can also be staked to secure the network, with stakers earning additional BABY rewards. Both BABY and BTC are used in Babylon’s dual staking system, enhancing network security and distributing rewards to their respective stakers.

Token distribution

COMMUNITY INCENTIVES: 15.00%

ECOSYSTEM BUILDING: 18.00%

RESEARCH AND DEVELOPMENT + OPERATIONS: 18.00%

EARLY PRIVATE-ROUND INVESTORS: 30.50%

TEAM: 15.00%

ADVISORS: 3.50%

Please note that the full name of BABY supported by CoinEx is Babylon. Be sure to distinguish before trading.