Chakra and Binance Web3 Wallet have teamed up to bring you an exciting Bitcoin pre-staking campaign for Babylon’s Mainnet launch!

Starting at 8 AM UTC on August 1, pre-stake your BTCB on Chakra for early access to Babylon. Binance Web3 Wallet users enjoy a 20 BTCB staking cap and a 10% boost on Chakra Pranas!

New users can participate by registering for a Binance Web3 Wallet, while existing users can leverage their wallets to dive straight into BTCFi.

Use invite code BTCB01 on the Chakra dApp to get started!

Campaign Details

• Duration: August 1, 08:00 UTC to August 7, 23:59 UTC

• Campaign Page: https://bit.ly/4c67F82

• Tutorial: English / 中文

• Caps and Phases: Total cap of 20 BTCB, divided into 4 phases (caps) with a 5 BTCB cap each. Participants receive varying levels of Babylon staking gas fee sponsorship:

  • Cap 1: 100% coverage

  • Cap 2: 75% coverage

  • Cap 3: 50% coverage

  • Cap 4: 25% coverage

• Note: Babylon staking gas fees will be deducted from the rewards upon claiming.

Why Pre-Stake BTCB on Chakra?

• Potential Babylon Mainnet Rewards: Secure your share of Babylon Mainnet staking rewards with a guaranteed 20 BTC cap, matching the 20 BTCB cap in the Binance Staking Pool.

• Flexible Staking: Stake as little as 0.0001 BTCB and as much as 0.0005 BTCB per user.

• No Extra Fees: Only transaction fees apply; Babylon staking gas fees are deducted from rewards.

• Chakra Prana Rewards: Earn 1 Chakra Prana for every 0.0001 BTCB staked daily.

• Exclusive Boost: Binance Web3 Wallet users get a 10% Prana boost.

How to Participate

Step 1: Create a Binance Web3 Wallet

You may skip these steps if you already have a backed-up Binance Web3 Wallet. Find out more about Binance Web3 Wallet here.

1. Download the Binance app and register.

2. Verify your identity.

3. Go to [Wallets], select the [Web3] tab, and create your Web3 Wallet.

4. Back up your wallet as instructed.

Step 2: Deposit BTCB and BNB in your Binance Web3 Wallet

You’ll need to have at least 0.0001 BTCB on the BSC network in your Web3 Wallet before proceeding. You’ll also need $2-3 worth of BNB to cover gas fees.

1. Select the [Web3] tab and tap [Receive].

2. Select BTCB and tap [Transfer] to receive BTCB in your Web3 Wallet.

3. Ensure you have $2-3 worth of BNB for gas fees.

For more details, please refer to How to Send and Receive Tokens on Binance Web3 Wallet?.

Step 3: Join the Campaign

1. Visit the campaign landing page, go to [Chakra], tap [Stake Now] to open the Chakra DApp.

2. Enter the invite code BTCB01 for Binance Web3 Wallet users, and tap [Enter the code].

3. Tap [Connect Wallet] at the top right to connect your Binance Web3 Wallet (ensure that you are using the Binance Web3 MPC wallet to be qualified for participation).

4. Tap [Staking Pool].

5. Enter the amount of BTCB you wish to stake, and tap [Stake].

6. Wait for the staking transaction to confirm.

7. Done!

8. Complete social media tasks for an additional 10% boost in Chakra Pranas! Visit [Pranas Boost] to get started.

Note: Task completions will be verified, and boosted Pranas will be credited at the end of the campaign. Boosted Pranas will be calculated from the time you complete your social media tasks. Complete your tasks early to maximize your boosted Pranas for your staked BTCB.

Terms & Conditions

Only participants who meet all the requirements will be eligible to receive rewards.

The promotion and reward is limited to only one entry per user.

Chakra reserves the right of final interpretation of this activity.

For more details, visit Campaign Landing Page and Tutorial.