checked for a fresh Babylon governance event in the last week and, again, couldn't confirm one — the most recent dated proposal I could verify is from last November (b14g's Co-Staking Marketplace whitelist request), so no verifiable event actually falls inside the 2–7 day window. Flagging that here rather than inventing one. Here's the post anchored to the governance mechanism itself instead, with the concrete deposit figures pulled straight from Babylon's own docs:
Was reading through Babylon's governance guide for #babylon , @BabylonLabs_io tab still open from the last task, and one line made me stop scrolling.
To even submit a standard proposal on Babylon Genesis you need 50,000 BABY deposited, 200,000 for the expedited path. Before anyone votes on anything, before the community even sees the thing on Mintscan — that's the gate. $BABY isn't just how you vote, it's how you get to set the agenda in the first place.
Kept thinking "on-chain governance" meant everyone's voice counts equally once it's live. Technically true, sure — one BABY, one vote-weight, whatever you've got. But "whoever can post" and "whoever can afford to post" turned out to be two very different filters, and the second one happens quietly, off to the side of the actual vote tally.
Not a criticism exactly. Deposits exist so proposals aren't spam. Just… didn't expect the agenda-setting layer to be the part worth thinking about, not the voting layer.
Who's actually sitting on 50k+ BABY comfortably enough to float a proposal on a whim, versus who's saving it for something they really believe in?@BabylonLabs_io
$BABY #baby
Was reading through Babylon's governance guide for #babylon , @BabylonLabs_io tab still open from the last task, and one line made me stop scrolling.
To even submit a standard proposal on Babylon Genesis you need 50,000 BABY deposited, 200,000 for the expedited path. Before anyone votes on anything, before the community even sees the thing on Mintscan — that's the gate. $BABY isn't just how you vote, it's how you get to set the agenda in the first place.
Kept thinking "on-chain governance" meant everyone's voice counts equally once it's live. Technically true, sure — one BABY, one vote-weight, whatever you've got. But "whoever can post" and "whoever can afford to post" turned out to be two very different filters, and the second one happens quietly, off to the side of the actual vote tally.
Not a criticism exactly. Deposits exist so proposals aren't spam. Just… didn't expect the agenda-setting layer to be the part worth thinking about, not the voting layer.
Who's actually sitting on 50k+ BABY comfortably enough to float a proposal on a whim, versus who's saving it for something they really believe in?@BabylonLabs_io
$BABY #baby