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Home All Events Babylon DAO Liquidity & Protocol Launch

Date

Jan 03 2022
Expired!

TimePacific Time

8:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jan 03 2022
  • Time: 11:00 am

Status

Active

Babylon DAO Liquidity & Protocol Launch

January 3 update – launch delayed due to Solana network congestion. They have not provided a new time and are waiting for the network to slow down.

January 1 update – Public launch is officially 4pm UTC on January 3. Liquidity will be added at this time as well.

December 31 update – Today they announced it’s only the Assyrian bonding that will be available January 1 at 4pm UTC. Public bonding was originally available 24 hours after Assyrian bonding, so I’m setting this launch to January 2 at 4pm UTC, with the assumption that they are following the same schedule.

December 30 update – there have been no new announcements in the chat for 33 hours (since their announcement re: the Assyrian bonding problem), but there is a countdown on the site now saying public bonding will be available January 1 at 4pm UTC.

December 29 update – they had an issue with the Assyrian role’s ability to bond and are refunding them. It’s unclear if the public launch will continue at 3pm Dec 30, or if it will be delayed.

OHM fork on Solana.

DETAILS
  • Users with URUK role can begin bonding at 4pm UTC on December 28
  • Users with Assyrian role can begin bonding at 4pm UTC on December 29
  • The public can begin bonding at 4pm UTC on December 30 (the date/time of this event)
  • Max bonding per wallet at launch is 0.1% of the supply, if you bond 0.1% of supply you are given an additional 5% bond discount
  • Once you unstake and receive your BBY, you cannot stake again for a random number of hours from 1- 60 (but docs say 2 hours is “generally” the time you must wait)
  • Initial supply 38,220 BBY

Blockchain

SOL

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