defirisk.co
rubric v1.7.0

Emergency-veto multisig present

Babylon Protocol's assessment for RD-F-040 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Cosmos SDK governance has NoWithVeto — if ≥33.4% of voting power votes NoWithVeto, proposal is rejected and deposit burned. This is an embedded veto mechanism within the voting period. However, there is no separate veto-only multisig entity. Effective veto requires organizing 33.4% of bonded BABY within 3 days. Foundation + investors hold ~66.5% of total supply; with first cliff passed (April 2026), insider concentration could theoretically pass or veto any proposal. Community veto depends on insider non-participation.

Sources #

Methodology #

Determine whether an emergency-veto or guardian multisig exists with power to cancel malicious proposals before execution.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol babylon-protocol factor RD-F-040 score yellow collected_at 2026-05-04 19:43:27