Whitelisting b14g Deployer Address to launch Co-Staking Marketplace
Summary
This proposal seeks to approve a parameter change to whitelist b14g’s designated deployer address, enabling it to upload and instantiate CosmWasm contracts on Babylon Genesis for the b14g Co-Staking Marketplace without requiring separate governance approval for each upload. The permission is strictly limited in scope to contracts necessary to deploy, operate, and maintain the Co-Staking Marketplace. This authorization allows b14g to launch a Bitcoin-staking-driven co-staking marketplace natively on Babylon, catalyzing early BTCFi use cases, increasing staking participation, and strengthening ecosystem liquidity and network activity.
Refresher: What is b14g Co-Staking Marketplace? Why it matters?
b14g Co-Staking Marketplace is an open marketplace that connects BTC stakers with BABY stakers to form co-staking positions and share rewards.
Key benefits:
-
Bootstraps native BTCFi liquidity and co-staking participation on Babylon (complementary to co-staking proposal: Inflation reduction and the introduction of co-staking ).
-
Aligns incentives between BTC and BABY holders through configurable reward-sharing.
-
Improves capital efficiency: participants don’t need to hold both assets, the marketplace pairs them permissionlessly.
-
Enables new DeFi strategies across the Babylon ecosystem. E.g., yield strategies for BABY LSTs, BTC LSTs, automated co-staking vaults, and future Babylon-native structured products.
We already operate a dual-staking marketplace on Core chain, supporting 10K+ of users and $300M+ staking flows. We are bringing this proven model to Babylon to help grow liquidity, attract users, and drive BTCFi adoption.
Proposal Details
Type
-
Proposal Type: Parameter Change
-
Chain: Babylon Genesis Mainnet
-
Messages:
/MsgAddCodeUploadParamsAddresses
Overview
This proposal requests that Babylon governance approves the addition of a b14g deployer address to the list of addresses authorised to upload and instantiate smart contract code on Babylon Mainnet. The address will be strictly scoped to deploying and maintaining the core contracts for the b14g Co-Staking Marketplace; any other future new contracts or modules would require a separate governance proposal.
Parameter Specifications
Technical Details
The message we intend to propose for on-chain voting, to whitelist address bbn19vzjc8ukssczfkpp66m6msce2nf0t9ueg2h2za as b14g’s deployer address. The metadata will be added prior to the on-chain voting process.
{
"messages": [
{
"@type": "/cosmwasm.wasm.v1.MsgAddCodeUploadParamsAddresses",
"authority": "bbn10d07y265gmmuvt4z0w9aw880jnsr700jduz5f2",
"addresses": [
"bbn19vzjc8ukssczfkpp66m6msce2nf0t9ueg2h2za"
]
}
],
"metadata": "ipfs://bafkreibprwtdtn64twcfilfwuojcwbzcclpqine4xeb4jgml2zznhoqbwa",
"deposit": "200000bbn",
"title": "Whitelisting b14g Deployer Address to launch Co-Staking Marketplace",
"summary": "This proposal requests whitelisting b14g’s deployer address to upload and instantiate CosmWasm contracts for the b14g Co-Staking Marketplace on Babylon Genesis. The permission is strictly limited to contracts needed to deploy and maintain the marketplace. Please read the forum post for more details: <https://forum.babylon.foundation/t/whitelisting-b14g-deployer-address-to-launch-co-staking-marketplace/737>",
"expedited": true}
Security Considerations
Audit
The b14g Co-Staking Marketplace smart contracts for Babylon have been audited by Coinspect, a leading CosmWasm security firm. The full audit report is published here.
Multisig Ownership
All contracts are controlled by a multisig wallet. Any contract changes or upgrades require multi-signer approval, providing governance-level security and minimizing single-key risk.
Testing & Monitoring
The system has been fully tested on Babylon devnet, testnet, and through multi-test simulations replicating the whole Babylon’s core staking modules. Post-launch, the contracts will be continuously monitored with alerting systems in place.
On-Chain Safety
All critical logic and reward distribution occur on-chain, meaning potential vulnerabilities would require on-chain attack vectors; off-chain exploits cannot impact funds or protocol safety, only UI/UX.
Timeline
-
Implementation Timeline: Immediately after Babylon Co-staking Mainnet Launch
-
Dependencies: Whitelisting of the address
Team & Resources
-
Project: b14g
-
Point of Contact: Eileen (Telegram: @Eileen1117)
-
Relevant Experience: We already operate a dual-staking marketplace on Core chain, serve over 10,000 users and facilitating more than $300M in BTC and native token staking flows. We are now bringing this proven BTC staking & matching model to Babylon to help bootstrap liquidity, attract users, and accelerate BTCFi adoption from day one. Our team has deep experience across BTCFi, DeFi infrastructure, Cosmos-based development, staking systems, and validator economics, and has successfully built, audited, deployed, and operated secure yield and staking products across multiple chains with security-first practices and continuous monitoring.
-
App: app.b14g.xyz
-
b14g Co-Staking Marketplace Docs: docs.b14g.xyz
We welcome community feedback, and look forward to navigating the next steps together.