Announcement from Ouyi on the Launch of Babylon Chain Coin Earning Products and Exclusive Activities

OKX
OKX|May 29, 2025 07:53
Ouyi will officially launch Babylon BTC staking on chain coin earning products on May 29, 2025 at 4:00 PM (UTC+8), simplifying on chain operation processes and helping you enjoy on chain annualized profits. At the same time, we will also launch a BABY airdrop event for BTC staking to help you earn additional rewards. Babylon's on chain coin earning products have been launched. Product highlights: *Strictly adhere to the on chain mechanism, simplify the operation steps, and provide an intuitive subscription experience *Realize real chain annualized revenue Product mechanism: *Subscription limit: *Minimum subscription amount: 0.0001 BTC *Platform total limit: 1000 BTC *Personal limit: 5 BTC *Principal redemption period: 7 days *Reward distribution cycle: daily How to subscribe to on chain coin earning products App end: Go to "Explore", select "Earn Coins on Chain", choose BTC and set the source of income as Babylon. After entering the subscription quantity, complete the subscription operation. On the web side: Click on "Finance" in the navigation bar, select "Earn Coins on Chain", choose BTC and set the source of income as Babylon. After entering the subscription quantity, complete the subscription operation. Disclaimers *The on chain earning products of different projects may have different pledge mechanisms. Please read and understand the mechanism of this project thoroughly before subscribing. The mechanism rules include but are not limited to the minimum redemption amount, interest time, reward distribution time, principal redemption period, and expected annualized returns. *Ouyi will charge a certain percentage of fees to users. Please refer to the product introduction page for details on the fees. *Ouyi only provides services related to project launch and revenue distribution. The platform does not assume any responsibility for user asset loss risks that may arise from protocol disputes, hacker attacks, project fraud, etc. Regarding the rules of the BABY airdrop activity * During the activity period, only an additional purchase of Babylon on chain coin earning products of no less than 0.0001 BTC is required to receive corresponding revenue rewards. Participation rules: This activity is only open to users who have completed identity authentication. *Sub accounts are not allowed to participate in this activity. *Users can participate in the event through the Ouyi App and official website. Event details Event time | Prize pool | Airdrop currency| From 16:00 on May 29, 2025 (UTC+8) to 16:00 on June 29, 2025 (UTC+8) | 1132300 BABY | BABY| Reward distribution * Your reward will be distributed daily in the form of a baby to your fund account. Terms and Conditions: The "Babylon Airdrop" will begin on May 29, 2025 at 4:00 PM (UTC+8) and end on June 29, 2025 at 4:00 PM (UTC+8) (the "Airdrop Event Period"). *Participants who enter the activity page and participate in this activity assume that they have read and understood the terms and conditions of this activity. *This activity is only open to the main account, and sub accounts are not allowed to participate in this activity. The income of the sub account is not included in the income of the main account. *Users from the following countries or regions (based on authentication information) may not be able to participate in this event. Please refer to Article 3 of the Ouyi Risk Disclosure and Disclaimer for details. *For the 'Babylon Airdrop', your rewards will be distributed daily in the form of Baby to your fund account. Due to reasons deemed necessary by the platform, such as large-scale risk control inspections, the platform has the right to decide on its own to postpone the distribution of rewards. *Ouyi has the right to decide to convert any reward into platform vouchers or USDT of equivalent or lower value. This situation may occur in certain jurisdictions where platform restrictions result in participants being ineligible to receive certain activity rewards, where Ouyi is unable to purchase prizes for participants, or in any situation where Ouyi deems it necessary to convert rewards. The reward will be converted into an equivalent for distribution. *The rewards for this event may include non stablecoins, and the actual quantity distributed will be based on the USDT spot trading price at the time of reward distribution, and converted to the equivalent value in US dollars. *This activity is not intended to provide (i) investment advice or recommendations, (ii) offers, solicitation or inducement to purchase, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. You should carefully consider whether it is suitable to trade or hold digital assets based on your financial situation and risk tolerance. For your specific situation, please consult your legal/tax/investment professionals. Digital assets (including stablecoins and NFTs) are subject to market volatility, involve high risks, and may depreciate. Historical returns do not represent future performance, and past performance does not predict future outcomes. Ouyi shall not be held responsible for any potential losses. Not all products are available in all regions, and this event may be restricted or unavailable in some markets. If you have any related questions, please consult your legal, tax, or investment advisor. *Risk Warning: Digital asset prices have high market risk and price volatility. Your investment value may fluctuate and you may lose the investment amount. You are fully responsible for your investment decision, and Ouyi is not liable for any potential losses. Past performance does not constitute a reliable prediction of future performance. You should only invest in products that you are familiar with and understand the risks involved. Before making any investment, you should consider your investment experience, financial situation, investment goals, and risk preferences, and consult an independent financial advisor. This document should not be considered as financial advice. For more details, please refer to the Ouyi Service Terms and Risk Disclosure and Disclaimer. *Please note that the value of the prize may vary with market fluctuations. The value of the prize may increase or decrease between your eligibility to withdraw and the actual withdrawal. The prices of digital assets, including stablecoins, may fluctuate at any time, so the value of your assets may also rise or fall at any time. *All taxes, fees, and other additional expenses related to the collection and use of rewards (including network connection, installation, and/or service fees, etc.) shall be borne by the reward recipient themselves. *Ouyi reserves the right to exclude any participant from this event and/or cancel this event without prior notice. *Ouyi reserves the right to modify the rules of this event at any time without prior notice, including but not limited to canceling, extending or terminating this event, modifying the eligibility conditions of participating users, and adjusting the event and reward rules. All participants should comply with these revised terms. If circumstances permit, Ouyi will make every effort to notify relevant significant changes before the modifications take effect. When exercising any discretion under the terms, Ouyi shall do so in a reasonable manner. *Ouyi reserves the right of final interpretation for this event. If you have any questions, please contact the customer service team. *Ouyi is not responsible for errors or omissions in technology, images, layout, or editing. For more information, please visit www.okx.com © 2025 OKX。 Ouyi team May 29th, 2025
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