Alex Wittenberg

What separates writing that is fun, easy to read, even musical, is writing that alternates rhythms—fast vs slow, quick vs descriptive, etc. The more your writing alternates between opposites, the more movement it has, and the more the reader feels like they are being taken on a journey (opposed to hacking their way through a textbook). 

While using a token doesn’t inherently make a community self-managing or decentralized, the benefits of (and value accrual to) the token aren’t maximized unless those criteria are upheld.However, no organization will fulfill the first 6 criteria purely on day one. Tokenized communities are progressively working to fulfill the above criteria, making... See more

Regardless of the exact structure, many agree that:

If a grants program has a $2M budget, ~10% is typically set aside for paying the grants team (leaving $1.8M available for grants). When these proposals are put forward, the community almost always focuses on discussing compensation for the grants team (which is ~$200k in this case) instead of debating whether the grants program is a good idea in th... See more

The only real question about all this finitude is whether we’re willing to confront it or not. And this, for Heidegger, is the central challenge of human existence: since finitude defines our lives, he argues that living a truly authentic life—becoming fully human—means facing up to that fact. We must live out our lives, to whatever extent we can, ... See more

How much time and ability does the team have to oversee administration of the incentive mechanism?This question can be very tricky. For example, bounties are an elegant solution for easily definable tasks with clear success criteria (e.g. Does the code run or not?). But a bounty needs to be defined, advertised, reviewed and rewarded, all of which t... See more

New norms meant more work. Automatic washers and dryers raised our expectations for clean clothes and encouraged people to go out and buy new shirts and pants; housewives therefore had more loads of laundry to wash, dry, and fold. As one 1920s housewife wrote, of her new dusting and mopping and furniture-polish technology, “because we housewives of... See more

The long-term vision is  for all of Aave’s expenses to be funded in perpetuity from income. For now, most of the expenses are paid in AAVE (Staking Rewards, Liquidity minings, grants, etc.) and this is sustainable for a period of time. However, longer term using aTokens (stable coins) to pay expenses allows the community to retain exposure to ... See more

Circulating Sup ply is where things get trickier. How many of a given token are circulating? For Bitcoin it’s easy, just subtract how many haven’t been released from the max supply and you have your number. Other L1s like Ethereum and Solana either self-report it or there are APIs available that monitor it.