Which comes first, Bip or FBA?

I'm curious to understand the order of operations when it comes to integrating Bip and FBA in the world of cryptocurrency and finance. Is there a definitive sequence in which these two concepts should be addressed, or do they often coexist simultaneously? Are there specific advantages or disadvantages to implementing one before the other? As a professional in this field, could you shed some light on the ideal approach to tackling this question of "Which comes first, Bip or FBA?