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Babylon Genesis Mainnet Launch: BABY Unlocks BTC Staking Potential for 70+ Chains via Cross-Chain Interoperability Network Axelar
New York, April 10, 2025 — The Babylon Genesis mainnet, which supports BTC staking on the Bitcoin native ledger, has officially launched today. Finality validating nodes have been activated and have started distributing BABY rewards to BTC stakers. On this occasion, Babylon Genesis has partnered with leading Web3 interoperability platform Axelar to integrate the Babylon Genesis ecosystem and its native token BABY seamlessly into the global Web3 network.
“Through Axelar’s integration, the Babylon Genesis ecosystem is now connected to over 70 blockchain networks,” said Clayton Menzel, Head of Business Development at Babylon Labs. “This signifies a significant milestone in Bitcoin becoming the security bedrock of the decentralized world. Developers and users can now leverage the Bitcoin staking protocol and extend its benefits beyond single-chain ecosystems.”
A New Era of Bitcoin and Cross-Chain Innovation
While maintaining the BTC self-custody model, Babylon Genesis has built a transaction layer for proof-of-stake networks seeking robust security. The BABY token integrates into this ecosystem through a transparent governance framework, rewarding early participants and key contributors. By injecting Bitcoin’s stability and liquidity into a broader crypto ecosystem, Babylon Genesis is reshaping the landscape of decentralized finance (DeFi).
“Bitcoin's position as an institutional asset not only solidifies its value storage property but also allows it to play a critical role in on-chain innovation,” noted Georgios Vlachos, Co-Founder of the Axelar Protocol and Director of the Axelar Foundation. “This integration opens up new horizons for developers to freely build cross-chain applications and achieve groundbreaking use cases in the decentralized space — all validations ultimately anchoring back to Bitcoin as the original distributed ledger.”
A Decentralized Open-Source Interoperability Solution
As a leading decentralized open-source interoperability platform, Axelar serves as the ideal bridge for Babylon Genesis’s BABY token. Axelar provides battle-tested infrastructure, facilitating cross-chain transactions exceeding $110 billion in volume, connecting over 70 blockchains, and offering the Interchain Token Service to simplify cross-chain token management.
Axelar provides BABY Token with multiple use cases. Developers integrating Bitcoin-backed staking can leverage the following rich tools:
· Inter-Chain Token Service (ITS): One-click multi-chain token issuance and upgrade, achieving native cross-chain transfers and bidding farewell to traditional bridging solutions
· Inter-Chain Amplifier: Permissionless connection to any new blockchain or off-chain resource, with operations as simple as deploying a smart contract
Set Sail Now
Babylon Genesis and Axelar are committed to empowering developers, institutions, and users to unlock Bitcoin's full potential in cross-chain innovation.
Various Babylon ecosystem teams, including EtherFi, Kinza, Lorenzo, and Tower, have initiated Axelar integration development. Bridge channels will be live in a few days: Join Axelar's official Telegram Announcement Channel for real-time updates.
About Axelar
Axelar is a Web3 cross-chain interoperability platform that offers the shortest bridging path—connecting an open technology stack across all blockchains. Adopters include Uniswap, Microsoft, and dozens of native multi-chain startups, with the Total Value Locked (TVL) surpassing $1 billion. Axelar provides a top-tier developer tool stack on an open, scalable, and secure cross-chain layer, backed by institutional investors like Binance, Coinbase, Dragonfly, Galaxy, and Polychain. Learn more at: axelar.network
About Axelar Foundation
The Axelar Foundation is a non-profit organization dedicated to supporting the development and adoption of the decentralized blockchain interoperability platform Axelar Network, which connects multiple blockchain ecosystems. Learn more at axelar.foundation.
About Babylon Labs
Babylon Labs focuses on the Bitcoin Security Sharing Protocol and aims to build a decentralized world securing Bitcoin. Its latest development is the world's first trustless, self-custodial Bitcoin staking protocol, allowing Bitcoin holders to stake BTC to other decentralized systems (e.g., PoS chains, L2, data availability layers) without the need for third-party custody, cross-bridge solutions, or wrapping services to earn staking rewards. This protocol aims to combine Bitcoin's high security and widespread adoption with the efficiency and scalability of PoS systems to enhance Bitcoin utility.
Learn more about Babylon's Bitcoin staking protocol developer, Babylon Labs:
Website | Twitter | Discord | LinkedIn
Media Contact
Karla Vilhelem
MarketWaves PR Director
karla@marketwaves.co (754) 215-4315
This article is contributed content and does not represent the views of BlockBeats.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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