🔥 The governance proposal to adjust the $BABY token economic model has been approved!
Here are the updates worth noting:
✅ $BABY inflation rate reduced by 30%
✅ Introduction of the BTC-BABY joint staking program: users who stake BTC and $BABY together will receive higher rewards
✅ Enhanced synergy between BTC stakers and BABY stakers, further improving BABY's application scenarios
But Fisher's innovations do not stop here!
With the trustless Bitcoin vault protocol set to launch soon, this is just the beginning of his series of upgrade proposals to optimize the BABY token economic model— as the adoption rate of the Babylon protocol increases, the practical value of the BABY token will continue to rise.
Proposal details:
🔥 The governance proposal to adjust $BABY tokenomics has passed!
Here's why you should be excited:
✅ $BABY inflation reduced by 30%
✅ BTC-BABY co-staking approved: BTC stakers who also stake $BABY will now earn higher rewards
✅ Increased alignment between BTC stakers and BABY stakers, thus increasing BABY utility
But Fisher isn't stopping there! Why?
This is the first of multiple positive adjustments he will be suggesting for BABY tokenomics as the Trustless Bitcoin vaults are getting ready with the goal of further increasing the utility of BABY as the adoption of the Babylon protocols increases.
Details:
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