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Babylon Chain Token Airdrop: Complete Guide
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December 26, 2024

Babylon Chain Token Airdrop: Complete Guide

Unlock the Babylon Chain airdrop with our comprehensive guide. Learn how to stake BTC and maximize your DeFi yields on Babylon Chain today.

Babylon Chain Token Airdrop: Complete Guide

Introduction

Babylon Chain is making waves by unlocking the power of Bitcoin’s security and decentralization for the broader decentralized finance (DeFi) ecosystem.

In this comprehensive guide, we’ll walk you through everything you need to know about Babylon Chain, including how to participate in the confirmed Babylon airdrop.

Teir: A+
Difficulty Level:
Hard
Cost to Farm:
Gas Fees
Type: Liquidity
Funding: $96,000,000
VCs and Investors: Polychain, Paradigm, Haskey, and others
Total Tasks: 9 (Recurring + Free)

What is Babylon Chain?

Babylon Chain is a liquidity provision protocol designed to enhance yield generation within the decentralized finance ecosystem.

By leveraging Bitcoin’s unparalleled security and decentralization, it facilitates seamless staking and yield farming opportunities for users.

Backed by notable investors such as Polychain Capital and Binance Labs, Babylon Chain aims to attract liquidity and incentivize participation through structured initiatives like airdrops.

Screenshot of Babylon Airdrop Guide on One Click Airdrop Tracker

Participating in the Babylon Chain airdrop involves completing a series of tasks designed to engage you with the platform. Here’s a step-by-step tutorial to guide you through the process.

Step 1: Stake BTC on Babylon

✅ Capital Required
✅ Recurring Task
✅ 5–10 Minutes

Staking your BTC on Babylon is a key step to qualify for the airdrop potentially.

  1. Visit the Staking Platform URL: btcstaking.babylonlabs.io
  2. Click on the “Connect Wallet” button.
  3. Follow the prompts to connect your preferred wallet.
  4. Select Provider and Allocate assets
  5. Choose a staking provider from the list.
  6. Enter the amount of assets you wish to stake.
  7. Confirm the transaction.

By staking BTC, you’re actively participating in the Babylon Chain ecosystem, earning airdrop points that can be converted into tokens.

Step 2: Stake Signet BTC on Babylon Testnet

✅ Free
✅ Recurring Task
✅ 3–4 Minutes

Participating in the testnet by staking Signet BTC is another way to earn airdrop points.

  1. Visit the Testnet Staking Platform URL: btcstaking.testnet.babylonchain.io
  2. Connect Your Wallet
  3. Ensure you’re using a wallet compatible with the testnet
  4. Stake Signet BTC

Step 3: Provide liquidity on Corn

✅ Capital Required
✅ Recurring Task
✅ 3–8 Minutes

1. Visit https://usecorn.com

2. Sign in with a wallet

3. Select “Pools” section

4. Provide liquidity on any eligible pools (Juice Multipliers)

Note: Earm Additional Babylon Points when you provide liquidity on eligible pools

Step 4: Set Up an Account on Aeza

✅ Free
✅ One Time Task
✅ 3–10 Minutes

Aeza is a platform that offers VPS services suitable for running a Babylon Chain node, which is another way to participate in the airdrop.

  1. Sign Up for an Account
  2. Visit Aeza URL: aeza.net
  3. Click “Sign Up”
  4. Enter Your Email and Request Link
  5. Confirm Your Registration

Step 5: Top Up Your Account Balance

✅ Capital Required
✅ One Time Task
✅ 3–10 Minutes

  1. Visit the Payment Page URL: my.aeza.net/payment/balance
  2. Use your email and password to log in.
  3. Click “Add Funds”
  4. Choose your preferred payment method.
  5. Top Up Your Balance

Step 6: Ordering a VPS Server on Aeza

✅ Capital Required
✅ One Time Task
✅ 3–10 Minutes

  1. Visit Aeza URL: aeza.net
  2. Log In with your email and password.
  3. Order a VPS Server
  4. Configure Your Server
  5. Server Name: Enter a name for your server.
  6. Location: Choose Vienna.
  7. Plan: Select the Shared plan.
  8. Option: Choose VIEs-3
  9. Operating System: Select Ubuntu 20.04.
  10. Complete the Purchase

Your VPS will be set up shortly after payment confirmation.

Step 7: Download PuTTy

✅ Free
✅ One Time Task
✅ 5–15 Minutes

1. Visit http://putty.org

2. Click “Download PuTTY”

3. Select the latest version

4. Follow the installation process

Step 8: Get IP address and Password on Aeza

✅ Free
✅ One Time Task
✅ 5–15 Minutes

1. Go to https://my.aeza.net/services

2. Copy the IP address of your server

3. Click on the arrow to expand the server information

4. Copy the password of your server

Step 9: Connect to VPS using Putty

✅ Capital Required
✅ One Time Task
✅ 5–15 Minutes

1. Open PuTTY and paste the IP address into the “Host Name” field

2. Click “Open” and accept an Alert

3. Type “root” and hit Enter

4. Paste your password and hit Enter

Conclusion

Participating in the Babylon Chain ecosystem offers a unique opportunity to be part of a project that’s redefining blockchain security and DeFi yield generation by leveraging Bitcoin’s strengths.

By completing tasks, staking BTC, you can earn airdrop points that will be converted into Babylon tokens, making your early involvement potentially rewarding. For full list of task, you can always visit One Click Airdrop Tracker.

Frequently Asked Questions

Q1: Is the Babylon airdrop confirmed?

Yes, Babylon Chain has announced a confirmed airdrop for users who engage with the protocol through specific activities.

Q2: How can I convert my airdrop points into Babylon tokens?

After accumulating airdrop points by completing tasks, staking, and running a node, the points will be converted into Babylon tokens during the token distribution phase. Keep an eye on official announcements for the exact timeline.

Q3: Do I need technical expertise to run a node?

Basic knowledge of command-line interfaces is helpful, but this guide provides step-by-step instructions suitable for beginners.

Q4: Are there risks associated with participating in the airdrop and running a node?

While participating in airdrops and running nodes is generally safe, always exercise caution. Never share your private keys and only use official sources for downloads and information.

Disclaimer: This article, including insights on airdrop farming and other DeFi strategies, is for informational purposes only and should not be considered as financial advice, investment recommendations, or an endorsement of any particular investment or strategy. The cryptocurrency and DeFi markets are highly volatile and unpredictable. Past performance is not indicative of future results. One Click makes no representations or warranties regarding the accuracy, completeness, or timeliness of the information provided. Readers should conduct their own research and consult with independent financial advisors before making any investment decisions. By using this information, you agree that One Click is not liable for any losses or damages arising from your investment choices.

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