Dear Babylon community, we genuinely appreciate your support of Bitcoin staking as a breakthrough use-case of Bitcoin. Based on feedback we've received in the past few days, a key challenge some of the BTC stakers are facing is the cost of unbonding. We've been looking into this matter since then to explore what could be done to help ease this challenge. After much discussion, we’d like to present a Babylon ecosystem BTC LST airdrop initiative to better support the community. Babylon Foundation will be setting aside a $3m USD budget for this initiative. Cuneiform Assets, a Babylon Foundation company, will manage and conduct the airdrop. Cuneiform will use the funds to purchase select Babylon ecosystem BTC LSTs, with ~$20 budget allocated for each eligible Phase 1 stake (as announced in the Babylon Early Adopters Airdrop which was published on 3 April 2025). Such BTC LSTs will be transferred shortly after Phase 2 launch to the BABY addresses on Babylon Genesis that were registered for the Babylon Early Adopters Airdrop. Thank you once again for your support and understanding all along the way. We are committed to building in the new BTCFi era together with you! More details on this BTC LST airdrop initiative will be shared at a later date. - end of this tweet -