Big moves brewing for $BABY on Aug 6. A new governance proposal by Babylon CTO @baby_fisherman outlines a programmatic deflation mechanism for $BABY: • BSN rewards sent to Babylon Genesis will not go to BABY stakers directly • Instead, they’re auctioned onchain • Participants bid with $BABY → winning bids are burned ➜ Result: • Converts passive emissions into active token demand • Introduces ongoing, market-driven token sink • Reduces reliance on inflation-based incentives • Creates reflexivity: demand for staking yield → demand for $BABY This structure closely mirrors @eulerfinance’s “Fee-Flow” model—a proven system that translated protocol fees into direct $EUL token value accrual via competitive burn auctions. Babylon is becoming the base layer of Bitcoin-secured DeFi: • $5B+ BTC already staked • BSN rewards imminent • Multi-staking incentives (BTC + BABY) = smart alignment • gBabylon culture gaining traction Now a public company is stepping in: • Baby BTC Strategic Capital to acquire ATA for $100M • ATA to buy $100M worth of $BABY @babylonlabs_io is also going institutional: • MSTR → BTC • ATA → $BABY • $BABY → BTCFi infra Feels like a bet on Babylon becoming the BTCFi settlement layer.