What stuck with me wasn't the protection model itself, it was who gets to skip the queue for it. Working through BABY and the Next Generation of Bitcoin Protection Models, the early access framing kept pointing toward validators and existing BTC holders as the first beneficiaries, while newer participants were mostly offered the promise of future integration rather than present utility. During the task, checking the actual allocation and participation structure showed a similar pattern: $BABY rewards concentrated around those already positioned inside the staking and validation layer, with everyone else described as part of "phase two" expansion. #BabylonLabs @BabylonLabs_io frames this as natural sequencing, security first, access later, which is reasonable on paper, but it does mean the people reading the announcements are not the same people currently receiving the benefit. There's nothing hidden about it, it's stated plainly if you look, yet the emotional pitch and the actual timeline of who benefits don't quite move at the same pace. I keep wondering whether "later" has a defined shape yet, or whether it stays comfortably undefined until the next phase gets announced.
@BabylonLabs_io #baby $BABY