The latest allocation of Bitcoin staking baby tokens is as follows: Community incentives (15%)
To encourage participation in the Babylon ecosystem, 1.5 billion BABY tokens have been allocated for community incentives. These tokens are managed by the Babylon Foundation, are not locked, and can be distributed at any time. This category can stake up to 400 million BABY tokens, and any staking rewards will be returned to this category.
Ecosystem development (18%)
To promote the development of the ecosystem, 1.8 billion BABY tokens (18%) have been allocated for grants, bounties, investments, marketing, and acquisitions. These tokens will unlock over 3 years, with 25% unlocking at the launch of the Babylon Genesis network, and the remaining tokens unlocking linearly on the one-year anniversary of the network launch.
This category can stake up to 800 million BABY tokens, and any staking rewards will belong to this category.
Research & Development + Operations (18%)
A total of 1.8 billion BABY tokens have been allocated to fund the operations of the foundation as well as the development of the protocol and infrastructure and to advance research and development of Bitcoin-native use cases. These tokens will unlock over 3 years, with 25% unlocking at the launch of the network, and the remainder unlocking linearly starting from the one-year anniversary of the network launch.
The Babylon Foundation can flexibly reallocate unallocated tokens within this category as needed to support community incentives or ecosystem development. This allocation can stake up to 800 million BABY tokens, and staking rewards will belong to this category.
Early private placement investors (30.5%)
Early investors in Babylon will receive 3.05 billion BABY tokens, with a 4-year unlock period. The first unlock occurs on the one-year anniversary of the network launch, releasing 12.5% of the total allocation. The remaining tokens will be unlocked linearly over 3 years. Investors cannot stake locked tokens in the first year. After the first year, locked tokens can be staked.
Team (15%)
1.5 billion BABY tokens are allocated to members of the Babylon core team. These tokens follow a 4-year vesting plan, with 1 year being cliff vesting and the remaining 3 years being linear vesting. Unvested tokens cannot be staked.
Vested tokens must follow a 4-year unlock plan. The first unlock event occurs on the one-year anniversary of the network launch or the one-year anniversary of service (whichever is later). The first unlock will release 12.5% of the total allocation. The remaining tokens will be unlocked linearly over 3 years. Team members cannot stake locked tokens in the first year. Thereafter, locked tokens can be staked.
Advisor (3.5%)
350 million BABY tokens are allocated to advisors, following an individual vesting plan and the same 4-year unlock plan as the team. Unvested tokens cannot be staked. Advisors cannot stake locked tokens in the first year. Thereafter, locked tokens can be staked.
