Babylon responds to airdrop registration issue: Users who stake through third parties cannot register for the airdrop directly

2025-02-27 09:39:14
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ChainCatcher message, regarding the issue of airdrop registration that is now open, the Babylon Foundation has provided answers on social platforms, as follows:

  • If I staked through a third party (such as a liquid staking protocol or Binance Earn), can I register to receive the airdrop? No. The third-party protocol and its service providers can register to receive the airdrop themselves. You should contact the maintainers of the third-party protocol or service provider to inquire about any potential rewards and incentives they may offer.
  • If I staked through a third-party protocol and also hold a Pioneer Pass NFT, am I eligible to receive the airdrop related to the NFT? No, because you did not stake directly through Babylon in the first phase.
  • Will NFTs increase the rewards for staking airdrops? No. NFT holders who staked directly in the first phase will be eligible for a separate airdrop. NFTs will not amplify or increase any rewards.
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