BabylonDAO BBY Price N/A

BabylonDAO is a decentralized autonomous organization that aims to build the reserve currency on the Solana network. All BBY is backed by a basket of assets (e.g. USDC) that produces an intrinsic value that it cannot fall below. The treasury contains assets used to maintain the intrinsic value of BBY. The assets in the treasury that aren't used to mint new BBY are used not just only to farm the market, but to perform arbitrage on the trading pairs that will be on BabylonSwap.

Staking is the passive means of accruing value in Babylon. This is done simply by buying the token from the DAO or a DEX (boo!) and then tapping stake on the dApp.

Bonding is the active means of accruing value in Babylon. This is done simply by giving up your LP share (for instance in a BBY-SOL/BBY-USDC) pool or USDC to receive $BBY at a discounted price over a given period of time.