Babl Mining Program
Participation Rewards Allocation
The most important goal of $BABL is to ensure that Babylon.finance is owned by its users.
The total supply of $BABL is 1M. We are proposing a Participation Rewards Program utilizing half of the token supply, 500K of $BABL, to extend over the next ten years.
This will leave ~190K in the treasury for other protocol initiatives including varied rewards programs and liquidity bootstrapping initiatives. BABL holders will decide the best way to allocate the remaining $BABL via on-chain voting.