🌐 Babylon designs security protocols that scale Bitcoin to secure the decentralized world
💲 Raised: $96M from Paradigm, Polychain Capital, HashKey Capital, Binance Labs, OKX Ventures and others
The project has recently launched Testnet-4 Launch. Testnet will be performed through a quest on Galxe
How to interact:
▶ Chapter 0: Onboarding
• Install OKX Web3 Wallet
• In the upper right corner of the network selection, select "All Networks"
• In the main wallet section, click "Manage" and in the token search field, enter sBTC (BTC Signet)
• Press "+" to add the asset
• Copy your address in the BTC Signet network
• Go to Babylon Discord’s #faucet-signet-btc channel (you must be verified to access it)
• Send your request starting with !faucet followed by your address
• Submit the transaction hash that you received from the faucet
• Finish the task on Galxe
▶ Chapter 1: Testnet Staking
• Complete the social tasks
• Visi the website and connect your wallet
• Stake $BTC to any validator
• Leave feedback on Discord on the #feedback channel, copy the link to your message and finish the task on Galxe
• Leave feedback on the forum
▶ Additional interaction
• Follow the link and connect your wallet
• Deposit test sBTC on the “Bitcoin > Deposit” tab
• Next, stake the tokens in the "stBTC" tab
• Also, Babylon has its own NFT collection with a 100k supply
• You can also run a node (guide)
✅ That’s all!
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