Get Ready with BTC Liquid Staking Projects for Babylon’s Mainnet Launch

Date: 2024-08-01 08:00:00 to 2024-08-07 23:59:59(UTC)

Reminder

(1) Login and Click [Join Now] to register for this campaign.
(2) Users are required to complete the missions using the Binance App only.
(3) Users may refer to the step-by-step tutorial here as a guide on how to complete tasks for this campaign.
(4) However, it's crucial to always Do Your Own Research (DYOR) and carefully evaluate any risk before interacting with third-party dApps.
(5) For the initial redemption date of staked BTCs, please refer to the official announcement from each project.

Mission List

Solv Protocol

Pre-stake solvBTC for solvBTC.BBN and earn 20% boosted Solv XPs

Potential earnings from Babylon BTC staking are based on users' pro-rata share size in Solv Protocol’s total SolvBTC.BBN pool. Boosted Solv XPs will be credited within 2 weeks after the campaign ends.

For details, please refer to the tutorial here.

Stake Now

Chakra

20 Guaranteed Babylon BTC Cap Only: Pre-stake natively with Binance Web3 MPC Wallet and earn 10% boosted Chakra Pranas

Potential earnings from Babylon mainnet BTC staking, with gas fees fully or partially sponsored by Chakra, depending on the sequence of your participation. Boosted Chakra Pranas will be credited within 2 weeks after the campaign ends.

For details, please refer to the tutorial here.

Stake Now

Bedrock

Pre-stake wrapped BTC for uniBTC and earn 3x exclusive boosted Bedrock Diamonds

Potential earnings from Babylon mainnet BTC staking based on users’ pro-rata share size in Bedrock’s total uniBTC pool. Boosted Bedrock Diamonds will be credited within 2 weeks after the campaign ends.

For details and other uniBTC DeFi rewards, please refer to the tutorial here.

Stake Now

pSTAKE Finance

Pre-stake Native BTC, earn 2x boosted pSats and share 100,000 pStake tokens

Potential earnings from Babylon mainnet BTC staking based on users’ pro-rata share size in pSTAKE’s total BTC pool. Boosted pSTAKE pSats will be credited after pSTAKE’s SatDrop launch. 500 users, selected based on Award Selection Rules Based on Bitcoin Hash at the campaign's close, will equally split 100,000 pStake tokens in rewards.

For details, please refer to the tutorial here

Stake Now

FAQ

What is Binance Web3 Wallet?

"Binance Web3 Wallet is a self-custody crypto wallet within the Binance App, designed to empower users in the world of decentralized finance (DeFi). Serving as a digital gateway to blockchain-based applications (dApps), it offers users a secure and streamlined method to manage their crypto, execute token swaps across multiple chains, earn yield, and interact with a variety of blockchain platforms. Click here for our FAQ on Binance Web3 Wallet."

What is BTC Liquid Staking?

BTC liquid staking is a process that allows Bitcoin holders to stake their assets while maintaining liquidity. Instead of being locked up for a specific period, individuals receive a liquid representation of those staked assets in the form of tokens. These tokens can be freely traded or used in decentralized finance (DeFi) applications.

What is Babylon?

Babylon is a trustless Bitcoin staking protocol that allows users to stake their Bitcoins to contribute to the crypto-economic security of proof-of-stake (PoS) systems while earning rewards for their contributions. For more information, please refer to the Babylon Website.

Terms & Conditions:

These terms and conditions (“Activity Terms”) govern your participation in this Babylon activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions.
In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.
"Only users from qualified regions who click the [Join Now] button on this page, complete KYC and hold an active Binance Web3 Wallet shall be eligible for any rewards. Rewards will not be distributed to users who delete or deactivate their Binance Web3 Wallets. Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations, self dealing, or market manipulation)." Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
"There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice."

Disclaimer:

Binance Web3 Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Web3 Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Web3 Wallet Terms of Use and always do your own research.