Terminology

This page explains the common terms used in Babylon.

• Babylon.finance - Community-led asset management protocol. Create gardens and invest in DeFi together.

• Gardens - Investment communities in Babylon. Garden members can deposit capital, suggest Strategies, vote on Strategies, and earn rewards.

• $BABL - ERC-20 governance token that controls the protocol parameters and treasury. The majority of $BABL is reserved for community distributions.

• Prophets - 2592 NFTs that provide utility within Babylon Finance. The prophets were distributed during the arrival event.

• Garden Token - ERC-20 tokens that represents a member's ownership in a Garden. Members receive Garden Tokens in exchange for depositing capital into a Garden.

• Integration - DeFi protocol that Babylon integrates with.

• Strategy - An investment that contains one or multiple DeFi operations along with parameters like expected return and duration. e.g lending, borrowing, adding liquidity...

• Candidate Strategy - Strategy that has been submitted but has not received enough votes to be activated yet.

• Active Strategy - Strategy that received Garden capital and deployed it to different DeFi protocols.

• Completed Strategy - Strategy that completed its DeFi operations and has returned capital to the Garden.

• Strategist - Garden member who submits a Strategy.

• Voter - Garden member who votes on a Strategy.

• Member - Anyone who deposits capital into a Garden.

• Garden Creator - Anyone who creates a Garden.