Cost:
0$
Time:
5min.
Reward Type:
Airdrop
Status:
Confirmed
Reward Date:
TBA
Babylon Chain – Bitcoin Staking Protocol on Cosmos
Chapter 0: Onboarding
Babylon Chain is a Bitcoin staking protocol on the Cosmos network, allowing BTC holders to enhance the security of PoS networks and DApps while earning rewards for staking BTC.
π° The project has received $26 million from investors including Polychain, Polygon, OKX, and Binance, which recently announced their investment.
The project has announced a new phase of their testnet, and it is crucial to prepare and obtain test tokens from the faucet now before the rush begins, as it was nearly impossible to get tokens in previous phases.
β Steps to Follow:
1οΈβ£ Join the Project’s Telegram:
- Search for the project’s official Telegram group and join.
2οΈβ£ Join the Project’s Discord and Verify:
- Enter the Discord server and complete the verification process.
3οΈβ£ Select Your Language:
- Choose your preferred language in the Discord server settings
Getting an sBTC Wallet Address:
βΉοΈ Download OKX Wallet Extension:
- Install the OKX wallet extension.
- βοΈImport your MetaMask seed phrase or create a new wallet (Private Key import not supported).
Add sBTC Token to Wallet:
- Click on the network selection in the wallet
- Choose “All Networks” .
- Scroll down in the wallet, click “Manage Crypto”.
- Search for
sBTC BTC Signet
and add it by clicking “+”, switch to Native Segwit, and copy the address.
4οΈβ£ Get Test Tokens in #faucet-signet-BTC Channel:
- Navigate to the
#faucet-signet-BTC
channel in Discord. - Type
!faucet your_wallet_address sBTC
to receive test tokens.
5οΈβ£ Complete Simple Social Tasks on Galxe:
- Go to Galxe and complete the tasks, including βClaim Signet Bitcoinβ.
Claim Signet Bitcoin Task:
- Provide Tx Hash of Faucet Request:
- You need to provide the transaction hash (Tx hash) of your faucet token request.
- To find your Tx hash, use the search feature on the Discord server and select the “mentions” option, entering your Discord name.
- Provide these details as shown in the screenshot.
If everything is done correctly and the faucet is working, you should see a confirmation message (see screenshot). Test tokens may take several hours to arrive (currently arriving within 3 minutes).
Chapter 1: Testnet Staking π
Adding sBTC to Staking
- Visit the Website
- Connect Your OKX Wallet
- Select a Provider: Enter the amount to stake and confirm.
- Go to Galxe: Complete the Testnet Staking task.
π How to Complete the Galxe Task – Chapter 1: Testnet Staking
- Link Your sBTC Address: Connect your sBTC address on Galxe here.
- Make Reposts: Share and engage.
- Claim Points: Earn your rewards.
Note: The task [testnet4] Stake signetBTC may experience delays. β³
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