Governance token concentration (Gini)
Babylon Protocol's assessment for RD-F-047 — scored red on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Foundation holds 36% of BABY supply (18% R&D/Ops + 18% Ecosystem Building, significant portion unlocked). Investors hold 30.5% (first cliff April 2026, 12.5% of allocation = ~381M unlocked). Team 15% (first cliff April 2026). Circulating supply ~3.08B / 10B = 30.8% as of May 2026. Community incentives (15% = 1.5B) managed by Foundation. Foundation + investors + team = 66.5% of total supply with majority of governance voting power concentrated in insiders in Year 1. Effective Gini coefficient equivalent >0.85 (top insiders control well over 50% of bonded BABY). RED by structural allocation data.
Sources #
- DocsBabylon Genesis Tokenomics | Babylon DocsBABY tokenomics: Foundation 36%, investors 30.5%, team 15% = 81.5% non-communityretrieved 2026-05-04
- BABY Tokenomics Guide — Babylon FoundationFoundation tokenomics guide confirming allocation breakdownretrieved 2026-05-04
Methodology #
Compute the Gini coefficient of governance token holdings across the top-1000 holder addresses.
See the full factor methodology and distribution across all protocols →