Starting with the Heroes TD IDO, token allocation will henceforth be only available to community members with a minimum of 10,000 BABI staked in our native pools. To this end, we have opened a new staking pool.
A stable and healthy government token is paramount for a community’s long term prosperity. We have many systems in place to support BABI, including our weekly buyback and burn requirements, partnership initial BABI burn requirements, and of course, staking.
All our recent IDOs have been massively successful, selling out completely in a matter of hours, if not minutes. The FCFS nature of these events favor the lucky as well as the punctual, and we want to transition to a system that benefits those loyal members that create the backbone of our community.
To this end, we will be applying a new requirement to all our IDO events: From now on, only community members with a minimum of 10,000 BABI staked in our native pools will be eligible for participation. This change is effective immediately, and the first event to have these rules will be the Heroes TD IDO on November 24.
This also means that our staking pools are open once more! This will be a dedicated IDO staking pool, 30 days locking and 30 days full maturity at 10% APY. Therefore, if you want to participate in our upcoming IDOs, make sure you stake at least 10,000 BABI. Note that your already existing stakes naturally count for the IDO requirement.
For more details about staking BABI, visit our staking page. Also, we have more IDOs coming, so stay tuned on our official channels for announcements.
About Babylons
Babylons is a pioneering next-gen community-governed NFT marketplace and a leading blockchain gaming aggregator on BSC with low gas fees, fast transactions and an easy-to-use minting platform where a user can create green NFTs, collect from amazing artists and trade their favorite gaming NFTs with other players while being involved in a fully functional DAO that uses the $BABI governance token to operate, get rewarded as well as socialize in a colorful, highly engaging community.
Official Babylons Links
Website | Marketplace | Twitter | Telegram |Telegram Announcement| Medium | Discord | Instagram | Youtube
