PANews reported on April 9 that Bitcoin staking protocol Babylon announced that the Babylon Genesis chain is scheduled to be publicly released at 18:00 Beijing time on April 10, 2025, after a short setup period (used to activate key components such as validator nodes, finality providers, supervisors, bridges, etc.). This arrangement is the second phase of Babylon's launch of the Bitcoin staking protocol. When the second phase is launched, eligible airdrop recipients will receive BABY tokens in their registered BABY wallets without the need to claim them. BABY token transfers and staking will be enabled on the first day.

It is reported that Babylon Bitcoin staking will be launched in three phases. The first phase is to lock Bitcoin staking to expand supply, the second phase is to launch the Layer1 blockchain Babylon Genesis based on Cosmos-SDK, and the third phase is to launch other BSNs (which will allow other networks to access Bitcoin staking security and liquidity through Babylon Genesis).