#MarketDownturn #Babylon_Mainnet_Launch

Testnet Babylon

Babylon's testnet is built on BTC Signet, a test network for Bitcoin that uses the same proof-of-work (PoW) consensus as the Bitcoin mainnet. As such, there are no real Bitcoins staked on this testnet, rather only Bitcoin Signet which can be obtained for free through faucets.

To participate in the Babylon testnet, users need to download browser extensions from OKX and Keplr wallets, which support the Solana network, on which the Babylon protocol is built. In addition, users also need to acquire Bitcoin Signet through Signet Faucet and Babylon testnet token (BBN) through Babylon's Discord faucet channel.

Users who mint Bitcoin Signet and BBN on the Babylon testnet will be rewarded with a "bitcoin pioneer pass NFT", a non-fungible token that demonstrates their participation in the testnet. The pass has a limited supply and a claim period that runs from February 28 to March 5. The pass will also give access to some exclusive features that will be announced later.