The BABY token is Babylon's native utility and governance token. It will be used to pay gas fees, participate in on-chain governance, secure the network through staking, and interact with applications deployed on Babylon Genesis.

Babylon Genesis is the first stage of the Babylon protocol. It operates as a Layer 1 PoS blockchain and serves as the central coordination network for Bitcoin Secured Networks (BSNs).

Babylon has launched an early adopter airdrop targeting Phase 1 Bitcoin stakers, Pioneer Pass NFT holders, and developers. Eligibility was based on specific criteria and required registration before the deadline.

Babylon Phase 2 officially launched in March 2025. This phase deployed the Babylon Genesis blockchain and enabled Bitcoin timestamping for partner chains. Phase 3 will bring Bitcoin staking to mainnet, allowing BTC holders to participate directly in securing PoS chains.

Babylon allows PoS chains to submit cryptographic commitments of their state to Bitcoin, leveraging its security to prevent long-range attacks and enhance finality. This is done without requiring Bitcoin to support smart contracts or bridging assets.

Bitcoin staking is an upcoming feature in Phase 3 of Babylon, allowing BTC holders to earn rewards by contributing to the security of PoS chains. This will be done natively, without wrapping or bridging Bitcoin, via a set of secure contracts on Babylon Genesis.

Users can engage by running validators, participating in governance, building on the Cosmos Smart Contract Zone, or preparing for the Bitcoin staking launch. Early adopters may also benefit from community incentive programs such as the airdrop initiative.

No, Babylon is not EVM-compatible. It is built within the Cosmos ecosystem and supports CosmWasm smart contracts. This allows developers to write secure, efficient contracts without relying on Ethereum tooling.

Babylon is designed for Bitcoin holders, PoS chains seeking enhanced security, decentralized application developers, and users who value decentralization, trust-minimization, and Bitcoin’s long-term resilience.