1/10 🚀 Major Upgrade Announcement: Babylon Genesis V2 is about to fully upgrade its IBC functionality, making Babylon Genesis the core trading hub for BTCFi.
This "Developer Upgrade" focuses on cross-chain interoperability, enhanced development tools, and optimized user experience. Here are the highlights of the upgrade 👇

2/10 🔧 TokenFactory Module
Supports the creation and management of native tokens without permission. Project teams no longer rely on governance processes to deploy tokens and can now manage tokens directly through branch modules.
3/10 ⚡IBC Callback Function: IBC packets can now carry payloads that can automatically trigger logic in IBC-supported applications, unlocking powerful workflows such as atomic cross-chain swaps.
4/10 🌉 Packet Forwarding Middleware (PFM): Achieving seamless multi-hop transmission! Users can now reach the target blockchain across chains with just a single transaction.
5/10 🛡️ IBC rate limit: The initial setting restricts the outflow of the native token $BABY to no more than 10% of the total supply within 24 hours to prevent malicious large-scale token outflows.
6/10 🔗 Inter-Chain Account (ICA): Allows chains to programmatically control their accounts on Babylon Genesis, enabling cross-chain operations such as staking, delegation, and governance.
7/10 📅 Timeline Reminder:
🛫 Testnet is live
📋 Mainnet governance proposal date: June 12, 2025
8/10 🔒 Safety first!
Two major security audit firms - @informalinc and @SecurityOak - have completed a comprehensive audit.
The audit report will be published on our documentation site.
9/10 🔮 Looking to the future: After the upgrade, Babylon Genesis can gain more cross-chain capabilities, allowing the protocol to build powerful features while maintaining security.
10/10 🔥 Major Upgrade: The V2 version marks a significant leap in the #BTCFi infrastructure!
Babylon Genesis is becoming the core development platform of the Bitcoin ecosystem!
Learn more 📖:
3
13.26K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.