Tried Matching Babylon Numbers Instead Of Reading Another Announcement
The protocol is currently securing more than 56,800 BTC, yet the upcoming monthly unlock is still fixed at 136.11M BABY under the published vesting schedule. Those two numbers barely interact with each other today. Reflects how much capital already trusts the infrastructure. The other keeps expanding circulating supply on a calendar that doesn't wait for additional usage.
@BabylonLabs_io is building products like Trustless Bitcoin Vaults, BSNs and BTC-backed borrowing around a growing security network, but the token economy follows its own timetable. More infrastructure doesn't automatically mean less new supply next month.
I think that's the metric worth tracking over the next few months. Not TVL. Not another integration.
Whether protocol activity starts growing faster than scheduled issuance.
If those two curves finally begin moving together, $BABY starts looking very different from how the market is pricing it today. #baby
The protocol is currently securing more than 56,800 BTC, yet the upcoming monthly unlock is still fixed at 136.11M BABY under the published vesting schedule. Those two numbers barely interact with each other today. Reflects how much capital already trusts the infrastructure. The other keeps expanding circulating supply on a calendar that doesn't wait for additional usage.
@BabylonLabs_io is building products like Trustless Bitcoin Vaults, BSNs and BTC-backed borrowing around a growing security network, but the token economy follows its own timetable. More infrastructure doesn't automatically mean less new supply next month.
I think that's the metric worth tracking over the next few months. Not TVL. Not another integration.
Whether protocol activity starts growing faster than scheduled issuance.
If those two curves finally begin moving together, $BABY starts looking very different from how the market is pricing it today. #baby