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Share Dialog
Share Dialog


Role of BABY
BABY is the native token of Babylon Genesis and will play a key role in transactions, governance, and security within the ecosystem.
Transaction Fees and Governance
BABY serves as the gas token for Babylon Genesis, facilitating transactions and the execution of smart contracts. It also supports governance, allowing token holders and their delegated validators to vote on protocol changes and network upgrades.
Staking and Security
Babylon Genesis employs a dual-staking model, leveraging BABY and BTC to enhance network security. Both Bitcoin stakers and BABY stakers contribute to security and earn BABY rewards. This mechanism promotes long-term participation, providing a sustainable security framework for the Babylon ecosystem.
BABY Token Allocation
Here is the detailed breakdown of the planned allocation of 10,000,000,000 BABY tokens across various categories to achieve a balanced distribution for incentives, ecosystem development, and governance. The allocation for each category may be subject to change from time to time, and category names may also be altered, but no additional tokens will be allocated to early team members, investors, or advisors from other categories.
Community Incentives (15%)
To encourage participation in the Babylon ecosystem, 1.5 billion BABY tokens have been allocated for community incentives. These tokens are managed by the Babylon Foundation, are not locked, and can be distributed at any time. Up to 400 million BABY tokens can be staked in this category, and any staking rewards will be returned to this category.
Ecosystem Development (18%)
To foster ecosystem growth, 1.8 billion BABY tokens (18%) have been allocated for grants, bounties, investments, marketing, and acquisitions. These tokens will be unlocked over a period of 3 years, with 25% unlocking at the launch of the Babylon Genesis network and the remainder unlocking linearly one year after the network launch. Up to 800 million BABY tokens can be staked in this category, and any staking rewards will belong to this category.
Research and Development + Operations (18%)
A total of 1.8 billion BABY tokens have been allocated to fund the foundation's operations as well as protocol and infrastructure development and research activities to advance Bitcoin-native use cases. These tokens will be unlocked over 3 years, with 25% unlocking at network launch and the rest unlocking linearly starting one year after the network launch. The Babylon Foundation can flexibly reallocate unlocked tokens in this category to support community incentives or ecosystem development as needed. Up to 800 million BABY tokens can be staked in this category, and staking rewards will belong to this category.
Early Private Investors (30.5%)
Babylon's early investors will receive 3.05 billion BABY tokens, with a 4-year unlock schedule. The first unlock event will occur one year after the network launch, releasing 12.5% of the total allocation. The remaining tokens will unlock linearly over the next 3 years. Investors cannot stake locked tokens in the first year. After the first year, locked tokens can be staked.
Team (15%)
1.5 billion BABY tokens are allocated to Babylon's core team members. These tokens follow a 4-year vesting schedule, with a 1-year cliff and the remaining 3 years vesting linearly. Unvested tokens cannot be staked. Vested tokens are subject to a 4-year unlock schedule. The first unlock event will occur one year after the network launch or one year after service commencement (whichever is later). The initial unlock will release 12.5% of the total allocation. The remaining tokens will unlock linearly over the next 3 years. Team members cannot stake locked tokens in the first year. After the first year, locked tokens can be staked.
Advisors (3.5%)
350 million BABY tokens are allocated to advisors, following individual vesting schedules and the same 4-year unlock schedule as the team. Unvested tokens cannot be staked. Advisors cannot stake locked tokens in the first year. After the first year, locked tokens can be staked.
Conclusion
While there is currently no concrete evidence to prove that Babylon is acting maliciously, there are many aspects of the project's logic that need to be explained to the community and users based on existing on-chain data and operations. We are not seeking emotional venting, nor are we trying to smear the project. We simply want to get to the bottom of the issues.
You talk about "fundamental ideals," yet the community is met with "reality in shackles." Babylon has always packaged itself with concepts like "trust," "self-custody security," and "service PoS," attracting the attention of many developers, users, media, and those who trust the project. The community has genuinely supported you, creating content and participating in testing, all out of recognition of your ideals. However, the sincere trust is being gradually eroded by your distribution mechanism and implementation.
Questions arise: Who designed such an allocation rule? Why has the community's contribution not been treated fairly? Why is the token withdrawal designed as a combination of "high capital + high fees"? If you believe the mechanism is reasonable, why was it not disclosed in advance, and why was there no collaborative process? If Babylon is truly a project dedicated to building infrastructure, we strongly urge the project team to respond to these doubts. If you choose to continue silence and closed operations, the attention-grabbing voices today may turn into market backlash tomorrow.
A final reminder to the project team: Your project is named Babylon, symbolizing humanity's great endeavor to "reach the heavens." However, history has shown that the collapse of such towers is often not caused by enemies, but by the erosion of internal trust.
Role of BABY
BABY is the native token of Babylon Genesis and will play a key role in transactions, governance, and security within the ecosystem.
Transaction Fees and Governance
BABY serves as the gas token for Babylon Genesis, facilitating transactions and the execution of smart contracts. It also supports governance, allowing token holders and their delegated validators to vote on protocol changes and network upgrades.
Staking and Security
Babylon Genesis employs a dual-staking model, leveraging BABY and BTC to enhance network security. Both Bitcoin stakers and BABY stakers contribute to security and earn BABY rewards. This mechanism promotes long-term participation, providing a sustainable security framework for the Babylon ecosystem.
BABY Token Allocation
Here is the detailed breakdown of the planned allocation of 10,000,000,000 BABY tokens across various categories to achieve a balanced distribution for incentives, ecosystem development, and governance. The allocation for each category may be subject to change from time to time, and category names may also be altered, but no additional tokens will be allocated to early team members, investors, or advisors from other categories.
Community Incentives (15%)
To encourage participation in the Babylon ecosystem, 1.5 billion BABY tokens have been allocated for community incentives. These tokens are managed by the Babylon Foundation, are not locked, and can be distributed at any time. Up to 400 million BABY tokens can be staked in this category, and any staking rewards will be returned to this category.
Ecosystem Development (18%)
To foster ecosystem growth, 1.8 billion BABY tokens (18%) have been allocated for grants, bounties, investments, marketing, and acquisitions. These tokens will be unlocked over a period of 3 years, with 25% unlocking at the launch of the Babylon Genesis network and the remainder unlocking linearly one year after the network launch. Up to 800 million BABY tokens can be staked in this category, and any staking rewards will belong to this category.
Research and Development + Operations (18%)
A total of 1.8 billion BABY tokens have been allocated to fund the foundation's operations as well as protocol and infrastructure development and research activities to advance Bitcoin-native use cases. These tokens will be unlocked over 3 years, with 25% unlocking at network launch and the rest unlocking linearly starting one year after the network launch. The Babylon Foundation can flexibly reallocate unlocked tokens in this category to support community incentives or ecosystem development as needed. Up to 800 million BABY tokens can be staked in this category, and staking rewards will belong to this category.
Early Private Investors (30.5%)
Babylon's early investors will receive 3.05 billion BABY tokens, with a 4-year unlock schedule. The first unlock event will occur one year after the network launch, releasing 12.5% of the total allocation. The remaining tokens will unlock linearly over the next 3 years. Investors cannot stake locked tokens in the first year. After the first year, locked tokens can be staked.
Team (15%)
1.5 billion BABY tokens are allocated to Babylon's core team members. These tokens follow a 4-year vesting schedule, with a 1-year cliff and the remaining 3 years vesting linearly. Unvested tokens cannot be staked. Vested tokens are subject to a 4-year unlock schedule. The first unlock event will occur one year after the network launch or one year after service commencement (whichever is later). The initial unlock will release 12.5% of the total allocation. The remaining tokens will unlock linearly over the next 3 years. Team members cannot stake locked tokens in the first year. After the first year, locked tokens can be staked.
Advisors (3.5%)
350 million BABY tokens are allocated to advisors, following individual vesting schedules and the same 4-year unlock schedule as the team. Unvested tokens cannot be staked. Advisors cannot stake locked tokens in the first year. After the first year, locked tokens can be staked.
Conclusion
While there is currently no concrete evidence to prove that Babylon is acting maliciously, there are many aspects of the project's logic that need to be explained to the community and users based on existing on-chain data and operations. We are not seeking emotional venting, nor are we trying to smear the project. We simply want to get to the bottom of the issues.
You talk about "fundamental ideals," yet the community is met with "reality in shackles." Babylon has always packaged itself with concepts like "trust," "self-custody security," and "service PoS," attracting the attention of many developers, users, media, and those who trust the project. The community has genuinely supported you, creating content and participating in testing, all out of recognition of your ideals. However, the sincere trust is being gradually eroded by your distribution mechanism and implementation.
Questions arise: Who designed such an allocation rule? Why has the community's contribution not been treated fairly? Why is the token withdrawal designed as a combination of "high capital + high fees"? If you believe the mechanism is reasonable, why was it not disclosed in advance, and why was there no collaborative process? If Babylon is truly a project dedicated to building infrastructure, we strongly urge the project team to respond to these doubts. If you choose to continue silence and closed operations, the attention-grabbing voices today may turn into market backlash tomorrow.
A final reminder to the project team: Your project is named Babylon, symbolizing humanity's great endeavor to "reach the heavens." However, history has shown that the collapse of such towers is often not caused by enemies, but by the erosion of internal trust.
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