Babylon Foundation Clarifies Airdrop Eligibility for Third-Party Stakers

Babylon Foundation has clarified its stance on the airdrop registration issue, addressing concerns raised by users who staked through third-party platforms. In a recent Q&A session on social media, the foundation provided clear guidelines on eligibility and rewards for the ongoing airdrop.

The foundation stated that users who staked through third-party platforms, such as liquidity staking protocols or Binance Earn, are not directly eligible to register for the airdrop. Instead, the third-party protocols and their service providers can register to claim the airdrop. Users are advised to contact the maintainers of these third-party platforms to inquire about potential rewards and incentive measures they may offer.

For users who staked through a third-party protocol and also hold a Pioneer Pass NFT, the foundation confirmed that they are not eligible to claim NFT-related airdrops. This is because they did not stake directly through Babylon in the first phase of the staking program.

The foundation also clarified that NFTs will not increase the reward for the staking airdrop. NFT holders who staked directly in the first phase will be eligible for a separate airdrop, but NFTs will not amplify or increase any rewards for the staking airdrop.