According to the official announcement from OKX, it has recently officially launched the Babylon BTC on-chain coin earning product, providing users with a brand-new channel for generating income from crypto assets. Meanwhile, OKX simultaneously launched attractive additional reward activities, which attracted widespread attention from the market.
This event will run from 16:00 on May 29, 2025 (UTC+8) to 16:00 on June 29, 2025 (UTC+8). During the event period, users only need to search for BTC through OKX’s on-chain coin earning product, then select Babylon and complete the subscription. They can not only obtain the basic income of the product itself, but also receive additional rewards. The total reward for this event is quite generous, amounting to 1,132,300 BABY tokens. As the governance and utility token of the decentralized Babylon Network, BABY plays a crucial role in regulating transaction fees, influencing governance choices, and distributing equity incentives.
OKX’s on-chain money-making products have always had many highlights. It simplifies the complex on-chain operation process, greatly enhancing the user experience. Even if users are not experts in cryptocurrency technology, they can easily get started and participate. Moreover, this product benefits from real annualized returns on the chain, making the appreciation of users’ assets more reliable. Previously, the on-chain money-making products such as DYDX, NEAR and ATOM launched by OKX have all received favorable responses thanks to these advantages.
However, OKX also particularly reminds users that the platform only undertakes related service work such as project display and revenue distribution. It does not bear any responsibility for the risk of asset loss caused by contract vulnerabilities, hacker incidents or abnormal behaviors of the project party. This also reminds users that when participating in on-chain money-making activities, they must fully understand the potential risks involved and make investment decisions with caution.
As the first Bitcoin Secure Network (BSN), Babylon is committed to providing Bitcoin holders with opportunities to generate income. Its uniqueness lies in the adoption of a non-custodium Bitcoin staking mechanism, allowing BTC holders to directly stake their Bitcoin on the Bitcoin network without the need for a third party or a centralized bridge. This innovative model has built a powerful bridge for Bitcoin and other modern chains based on the PoS model.
Currently, Babylon’s total locked value (TVL) has exceeded 3.8 billion US dollars, accounting for approximately 80% of the total TVL within the Bitcoin ecosystem, and it holds a significant position in the Bitcoin ecosystem. The launch of the Babylon BTC on-chain money-making product by OKX undoubtedly provides users with a more convenient way to participate in the Bitcoin ecosystem and earn profits. The performance of this product in the market in the future is worth continuous attention from investors.
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