🎟 Babylon Referral Program
Babylon is a community-led asset management protocol that lets users invest in DeFi together. By investing with others, users minimize gas costs, consolidate taxable transactions and embark on a DeFi learning journey.
Babylon gates are now open. The protocol has entered public beta. Starting today, anyone with a crypto wallet can join a #DeFi investment club — we call them Gardens. Investing as a group has a lot of benefits:
⛽ Minimize gas costs (even free)
🛡️ Consolidate taxable transactions*
🌱 Earn BABL mining rewards and own a piece of Babylon
🗞 Speed up your DeFi learning by investing with experts
Today, we are happy to announce that Babylon holders approved and passed a referral program of 10,000 BABL tokens (1%) to onboard thousands of users and $50M in TVL.
💰 Refer and Earn
Inspired by Paypal's original growth strategy, we have devised a win-win referral program where both referrer and depositors are rewarded.
Here is how it works:
- You send the link to a friend.
- Your friend deposits $5K
- You both receive 0.5BABL immediately🎉
🌴 Participating Gardens
Babylon is open and permissionless. Anyone can create a garden or DeFi investment club. In order to protect users, the referral program is currently limited to gardens that have gone through the governance verification process.
Here are the gardens and their referral rates and descriptions:
⛲️ The Fountain of ETH: 1 BABL for every 1.6 ETH deposited.
42% ETH APY*. Deposit ETH and grow it via staking and lending strategies.
💲The Stable Garden : 1 BABL for every 5k DAI deposited.
68% DAI APY*. Deposit and grow your DAI with yield farming strategies.
🫀The Heart of Babylon : 1 BABL for every 100 BABL deposited.
150% BABL APY*. Stake your BABL, reinvest protocol fees and vote on governance for free.
*Past performance doesn’t guarantee future returns. DYOR
📜 How to Refer a friend
You can refer a friend in less than a minute. Here is how:
- You send your referral link to a friend by clicking on the invite button at the top and then copying the link.
2. Your friend now visits one of the participating gardens.
🔐 Deposits are locked for a few weeks. Time changes by garden.
3. You both get 0.5 BABL immediately 🎉
One More thing…
We have partnered with ReFi to increase the reach of our program and kickstart a long-term partnership.
- ReFi is going to receive 250 BABL and up to 1K BABL if they refer more than $5M in deposits to Babylon.
Today we published a podcast we recorded together
🌴 Join Babylon
Visit Babylon by clicking this link👇
https://babylon.finance/explore
We are building Babylon to help people access the best opportunities in crypto through native DeFi investment clubs or gardens. You can now invest along with others, save on gas, speed up your learning and minimize your transactions all at once.
Here are some of the top-performing gardens in Babylon:
⛲️ The Fountain of ETH. Deposit ETH and grow it using staking and lending strategies.
💲The Stable Garden*. Deposit and grow your DAI with yield farming strategies.
🫀The Heart of Babylon. Stake your BABL, reinvest protocol fees and vote on governance for free.
You can visit Babylon here.
Join our Discord to become part of Babylon.
