With Baby successfully TGE and simultaneously listing on Binance yesterday, OKX and others mark the second phase of the Babylon project - the official launch of L1 public chain Babylon Genesis, which is also the first Bitcoin Secured Network. In the previous article (https://(x.com)/SeaBitcoin/status/1908385025516343003), I introduced the three stages of the @ babylonlabs_io project. The first stage is to leverage the supplier (BTC pledger), the second stage is to launch Babylon Genesis for BSN sampling, and the third stage is to launch more BSNs as demanders. If 57000 pledged BTC can be converted to participate in Babylon Genesis, the pledged market value of this chain will rank tenth among all PoS chains. As the first L1 blockchain guaranteed by Bitcoin, it will also bring sustained interest to BTC stakers. Next, let's take a look at the ecological development of Babylon Genesis. The pledge of tens of thousands of BTC is very tempting, and it is worth looking forward to building more BTCFi scenarios on this basis.