The more I read about Babylon's staking model, the more one detail stood out.
Everyone talks about the 56,853 BTC staked in Babylon vaults (worth roughly $5.6B), but the governance structure is just as interesting.
BTC stakers help secure the network by delegating to Finality Providers and earning BABY rewards. However, they don't participate in governance.
BABY stakers, on the other hand, delegate to validators, have a shorter unbonding period, and hold all the voting power.
So the asset contributing the largest economic security isn't the one shaping protocol decisions.
I'm not calling it good or bad—I just found the separation between security and governance interesting.
Is this a permanent design choice, or has the team discussed expanding governance to BTC stakers in the future?
#baby $BABY @BabylonLabs_io
Everyone talks about the 56,853 BTC staked in Babylon vaults (worth roughly $5.6B), but the governance structure is just as interesting.
BTC stakers help secure the network by delegating to Finality Providers and earning BABY rewards. However, they don't participate in governance.
BABY stakers, on the other hand, delegate to validators, have a shorter unbonding period, and hold all the voting power.
So the asset contributing the largest economic security isn't the one shaping protocol decisions.
I'm not calling it good or bad—I just found the separation between security and governance interesting.
Is this a permanent design choice, or has the team discussed expanding governance to BTC stakers in the future?
#baby $BABY @BabylonLabs_io