I’ve spent enough years in this space to notice when the write-up and the reality start drifting apart. Went back through BABY’s own page today. There’s a fixed inflation number that funds the staking rewards no matter what. On the other side sits this auction where people bid BABY for the BSN rewards and the winning bid gets burned. It’s tempting to line those two up and picture some kind of quiet balance. The page never actually says that. It just notes the net effect depends on network activity and whatever governance decides.
One side of the equation is locked. It shows up every year. The burn only appears if enough BSNs actually come online, generate real rewards, and someone shows up to bid. Right now onboarding still looks early—a few announced chains, nothing that feels mature yet. I’ve watched versions of this before. Designs that look clean on paper until the activity they rely on never quite scales the way people hoped. Not claiming it won’t get there. Just sitting with the fact that the inflation keeps running while the offset is still waiting on something that has to materialize first. The actual net rate at this stage is the piece nobody can point to a solid number for yet.
$BABY @BabylonLabs_io #baby
One side of the equation is locked. It shows up every year. The burn only appears if enough BSNs actually come online, generate real rewards, and someone shows up to bid. Right now onboarding still looks early—a few announced chains, nothing that feels mature yet. I’ve watched versions of this before. Designs that look clean on paper until the activity they rely on never quite scales the way people hoped. Not claiming it won’t get there. Just sitting with the fact that the inflation keeps running while the offset is still waiting on something that has to materialize first. The actual net rate at this stage is the piece nobody can point to a solid number for yet.
$BABY @BabylonLabs_io #baby