If this proposal passes, @babylonlabs_io would use BSN rewards to buy & burn $BABY via on-chain auctions. Impact: • Supply ↓ over time • Stakers keep earning BABY only (no multi-token thing) • Stronger alignment between network growth & token value In other words: More BTC staked → more BSN rewards → more BABY burned → tighter supply. Hyperliquid already uses a similar model ↓
Babylon
Babylon9.8. klo 00.40
🔥 The governance proposal for programmatic deflation of $BABY is live for voting! The proposal analyzes different ways to use BSN rewards: 1️⃣ Share them with $BABY stakers 2️⃣ Burn $BABY via auctions (recommended option) 🗓️ Vote by Mon, Aug 11 @ 15:20 UTC 🗳️
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