Honestly, I don't think a Bitcoin-only Spoke is just a cleaner way to manage risk.

The interesting part is who it attracts.

Look at the journey—

Bridge.
Wrap.
Double-check the custody assumptions.
Move BTC you've probably been holding for years.

Tourist capital doesn't bother with all that.

The people making it through that flow usually aren't chasing the latest degen yield. They're trying to keep their core thesis intact while squeezing a bit more utility out of the same Bitcoin.

That's a completely different liquidity profile.

Friction gets treated like a UX problem, but sometimes it's a filter. Every extra step strips away weak conviction and leaves the people who actually meant to be there.

A dedicated Spoke won't magically pull billions of fresh BTC on-chain.

What it can do is become the pure play for holders who already decided their Bitcoin wasn't for selling... just for putting to work.
@BabylonLabs_io #baby $BABY