🔥 The governance proposal to adjust $BABY tokenomics has passed! Here's why you should be excited: ✅ $BABY inflation reduced by 30% ✅ BTC-BABY co-staking approved: BTC stakers who also stake $BABY will now earn higher rewards ✅ Increased alignment between BTC stakers and BABY stakers, thus increasing BABY utility But Fisher isn't stopping there! Why? This is the first of multiple positive adjustments he will be suggesting for BABY tokenomics as the Trustless Bitcoin vaults are getting ready with the goal of further increasing the utility of BABY as the adoption of the Babylon protocols increases. Details:
🔥 The governance proposal to adjust $BABY tokenomics is now live for voting! The proposal includes: 1️⃣ Reducing inflation by 30% 2️⃣ Introducing BTC-BABY co-staking, giving BTC stakers higher rewards when they also stake $BABY The goal of the proposal is to create better alignment between BTC stakers and BABY stakers, thus consistently increasing the utility of BABY. This proposal suggests the first adjustment to BABY tokenomics. We will suggest further adjustments as Trustless Bitcoin Vaults develop. 🗓️ Vote by Monday, October 6th Oct at 9 am UTC 🗳️
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