Admin key custody type

Babylon Protocol's assessment for RD-F-025 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Dual-layer governance: (a) BABY governance via Cosmos SDK x/gov — DAO model with 3-day voting period, 33.4% quorum, >50% threshold; no single admin key; (b) Bitcoin-layer: covenant committee 6-of-9 federated multisig for BTC unbonding co-signing. All software upgrades require on-chain governance vote (MsgSoftwareUpgrade). V2 upgrade (Jun 2025) and V4 upgrade (Nov 2025) both went through governance proposals confirmed by on-chain voting.

Sources #

URL
Babylon Genesis V2 UpgradeBabylon Genesis V2 upgrade governance timelineretrieved 2026-05-04
Docs
Governance | Babylon DocsBabylon Genesis governance parametersretrieved 2026-05-04

Methodology #

Read the effective admin/owner/upgrader role on deployed contracts and classify as: EOA / multisig / multisig+timelock / full DAO+timelock / immutable.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol babylon-protocol factor RD-F-025 score green collected_at 2026-05-04 19:43:27