Babylon Chain is a Bitcoin steaking protocol on Cosmos that allows BTC holders to increase the security of PoS networks and DApps while being rewarded for steaking BTC.
Investment Backing
Companies such as Polychain, Polygon, and OKX have invested 26 million in the project.
There is also an investment from Binance who just recently announced it.
Participating
Now the Babylon chain team have announced the launch of their testnet and are offering to smint a limited NFT Bitcoin Pioneer Pass, which will validate an early user and provide exclusive Babylon features and discord roles.
Mint NFT will be available from February 28 to March 5 and you need to prepare in advance and complete a number of tasks.
