Summary
This proposal seeks to grant a Valence deployment address [to be provided at time of proposal] permission to upload contracts to the Babylon chain without requiring a new governance proposal for each deployment. This will streamline development, while expanding cross-chain innovation and liquidity on Babylon.
About Valence
Valence is a technology stack for building cross-chain financial applications. It provides developers with a unified execution environment to write, test, compile, and deploy trustless programs across any blockchain or rollup. Valence supports EVM and WASM environments today, with an SVM integration currently underway.
Benefits to Babylon
Whitelisting Valence’s deployment address will:
Enable teams to incentivize the deployment of BABY liquidity on remote domains.
Enable Babylon LSTs issued on remote domains to interact seamlessly with Babylon’s native Tower DEX.
Lower barriers for developers to integrate Babylon’s core staking functions into cross-chain applications.
This is a simple, low-risk, high-impact decision that will help foster long-term value for the Babylon ecosystem.
Seeking feedback
We welcome community discussion and feedback on this proposal. If there is broad support, we will submit a formal governance proposal
