Babylon Finance

Did you know that 55 Yearn Vaults are now available on Babylon? Curve + Yearn + Babylon 💪💪💪 https://t.co/R2vq0wKfiG #DefiTogether @iearnfinance @CurveFinance https://t.co/YSIcsZJVg1

Withdrawals are enabled again in the affected gardens As soon as the Rari vote was looking to be rejected, team took immediate action to protect all affected users. Here you can see all the actions we have performed since Thursday against the 🕰️ https://t.co/75Jz3hmZWc

We continued working really hard during the weekend to get our users the best outcome given the situation. We recovered $717,446 in collateral from affected strategies that were distributed pro-rata to the affected gardens. Days instead of weeks (ahem @RariCapital )

The team is working really hard to react and adjust the strategies affected by the Rari Hack. ✅First Step: NAV of Rari tokens adjusted to 0. Tomorrow we will recover stuck collateral from the Pool. Deposits/Withdrawals will be enabled EOD Monday PST.

We are pausing deposits & withdrawals in the fountain of ETH and the Stable Garden until the RARI/FEI vote is completed. After it is finalized, we'll do our best to protect our users if they renege on their promise. We'll reenable withdrawals on Monday after the outcome

If we are all in this together, do you agree with Tribe and Rari breaking their promise and initial vote to refund users? Are you going to step up and vote? @hiFramework https://t.co/HyrVohfFQf

The new 🫀 Heart Epoch has started 🐻 - 1.12 ETH to the treasury (45%) - 16.4 BABL bought as buybacks (10%) - $400 to BABL-ETH (10%) - $800 in gardens (20%) - $400 in liquidity to the Fuse pool (10%) - 0.69 ETH to the shield (5%) https://t.co/tyiPfdhFIS #DeFi

📱 Babylon is now available on your phone. Visit our website with your favorite browser and join your first garden. DeFi Together and deposit gas-free, minimize your taxable transactions, and split the execution costs. https://t.co/2k1YRs3pDvhttps://t.co/FozH9kVzlr

🛡️ Babylon Shield is strengthening 🎯 Bought an additional 122 ETH worth of coverage 🏦 Total: 1372 ETH #DeFi @NexusMutual #RiskManagement https://t.co/XxFuWUKIHX

Babylon now supports Pickle Farming. You can now stake your @picklefinance jar tokens into the Pickle farms and receive $PICKLE emissions. https://t.co/k8CbDKn9I7 #DeFiTogether #DeFi https://t.co/qkeaWFqBsW

🫀The Heart Of Babylon locking mechanic 🔐 The heart is a Babylon Garden that lets user stake their BABL for two months and generate extra BABL. $BABL in > +$BABL out A staking mechanic is needed to align incentives and reward long-term supporters. https://t.co/w8DSKhEx7vhttps://t.co/Rr2FExhTgn

Babylon supports more than 25 Convex pools https://t.co/OIkbb6aoZp Become a strategist in Babylon, help others generate wealth, and get rewarded. 1. Deposit into a @CurveFinance pool 2. Stake the LP tokens into @ConvexFinance 3. 💵💵💵 🧙‍♂️ No-code required #DefiTogether https://t.co/zSninE12TV

Do you know that the 🫀 Heart receives all the fees from the protocol 0.5% management fee 5% performance fee These fees give the heart the fuel to perform four other mechanics. 🫀🫀🫀 https://t.co/a6rVDnjHoo

Tired of high gas fees? 😡 Babylon lets you share the gas fees with hundreds of others Split the fees, share the profits and build wealth together. https://t.co/z2JOY6yaqy #DeFiTogether

$BABL is the token that powers Babylon. 1M capped supply. Non-inflationary 69% allocated to the community https://t.co/hs03Z7dgYX #DeFiTogether https://t.co/v4K2h9WmWp

The 🫀 Heart has a built-in token buyback mechanic 30% of all the fees collected are used to purchase back BABL. This creates a floor of demand and generates stability for BABL holders. https://t.co/UhToFVsHqEhttps://t.co/UG30vcAlYp

Dive deeper into the Babylon #HackMoney2022 winners. 🥇 @BadgerDAO Integration @VictorSanchez created an integration so our gardens can invest in Badger vaults. Watch the demo video below 📹 https://t.co/k9KB92YSpB

Dive deeper into the Babylon #HackMoney2022 winners. 🥇 @UMAprotocol + @BalancerLabs Integrations @ChrisiPK and @martelaxe developed not one but two integrations for Babylon. Watch the demo video below 📹 https://t.co/RBuIhpVfkU

🏆 Babylon Finance will be awarding $10,000 💰💰💰 in prizes. Best #DeFi product built on top of Babylon Gardens. 1st - $6,000 💰 2nd - $3,000 💰 3rd - $1,000 💰 https://t.co/Z2BOOzP1aP via @ETHGlobal #DeFiTogether https://t.co/POAKnPNHQv

Babylon is owned by its users. $BABL has a fixed supply of 1M. 50% allocated to the mining program (10 years) 15% allocated to the treasury 4% allocated to liquidity events Total of 69% was allocated to the community. DeFiTogether https://t.co/AQiQI3WHx6