BabylonDAO price

BBY

BabylonDAO is a decentralised autonomous organisation 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.