Babylon is a first-layer blockchain created by Stanford University professor David Tse. The project's mission is to provide Bitcoin-level security to all blockchains operating on the proof-of-stake algorithm without additional energy consumption.

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How to participate

Here's a step-by-step guide on how to participate in projects on BingX Xpool.

Terms

Invest in staking and receive tokens for free.

Xpool is a revolutionary product from BingX that allows users to stake cryptocurrency and earn bonus points before the official token listing. These points can be exchanged for tokens immediately after the listing, based on conditions and exchange ratios.

BingX Xpool consists of four stages: token staking, bonus point calculation, bonus point allocation, and exchanging bonus points for tokens.

Stake USDT during this period and receive a share of the prize pool of 50,000 BABY points!

To participate in staking on BingX Xpool, KYC verification is required

Exclusive offer for new users applies only to those who created an account on BingX between April 03, 2025, 5:00 PM and April 14, 2025, 1:00 PM (MSK).

Additional privileges for Xpool BABY participants: Stake 100 USDT and receive a bonus of 100 USDT as a gift!

The first 1,000 participants in Xpool BABY can earn an additional voucher for a 100 USDT bonus!

Note: To receive the bonus, the following conditions must be met:

- Stake at least 100 USDT in Xpool Babylon for at least 48 consecutive hours.
- Avoid fraudulent actions such as participating with multiple accounts.
- The bonus voucher is issued with a leverage of 5x; it can only be used in futures trading on BingX and is valid for seven days from receipt.
- The voucher will be issued within seven business days after the completion of Xpool Babylon.
- Users who have received similar rewards from other BingX spot promotions (Launchpool, Xpool, Launchpad, etc.) are not eligible for another voucher for a 100 USDT bonus. This reward from related promotions is issued only once.
- BingX reserves the right to make the final interpretation of this promotion.

To ensure fairness, several snapshots of assets staked by participants in Xpool will be taken at random times every hour. The system will select three random snapshots to calculate the average amount of tokens staked by each participant during the hour and allocate rewards proportional to their share of the total staking volume. The calculation formula is shown below:

Hourly Bonus Points = (User's staked token amount per hour ÷ Total platform staked token amount per hour) × (Daily reward limit ÷ 24)

Points will be allocated hourly based on calculations. Information about allocated points can be viewed in the "History" section on the Xpool project page.

Upon completion of the BingX Xpool project, your points will be exchanged for tokens at a specified ratio. The exchange time will be announced later. The number of tokens exchanged for points is calculated using the following formula:

Total Tokens for Exchange = Actual Total Token Supply ÷ Specified Total Points × Total Bonus Points.