Austin Castellaw
@austincastellaw
Austin Castellaw
Algorithmic — The value and supply of algorithmic stablecoins are controlled by code. If the demand for the coin starts to increase rapidly, the protocol automatically creates more coins to bring the price down. If the value drops too low, some of the supply is burned to bring the price back up.
Exploring Stablecoins
Distributing tokens through public sales: Some projects decide to conduct public sales and facilitate price discovery. The first drawback is that public sales expose projects to regulatory risks. A typical sale demands an ‘investment of money,’ so these projects are seen as unregistered securities that may attract regulatory issues.
kadeemclarke.eth • Lockdrop + LBA: The Future of Tokenomics?
-Aligned incentives have a big role in the success of DAOs along with giving people power over their work or having a piece of ownership. It can also serve as a personal expression about what you care about.
Chase Chapman • Page not found
If the token distribution is easy to game, value extractors will find a way maximize the number of tokens they earnTokens spent on these entities have a negative benefit, as the project doesn't receive real users or growth in return
Ashwath Balakrishnan • Tweet
Capital is flowing into crypto. Over $20B in crypto funds have been raised since the start of 2021 per Dove Metrics. Dry powder is abundant, but liquidity is asymmetrically distributed. Most capital is focused on early-stage, private projects. That’s not sustainable. While retail investors have been able to consume the float of historical crypto... See more
Evan Fisher • A fundamentals driven crypto investment firm
Distributing tokens to users through airdrops and ongoing liquidity incentives: Airdrops distribute tokens to users based on their past actions. They may be high-value users of other protocols or have previously used the present protocol — however, this approach rewards past behavior over future commitment. There is no assurance that these people
... See morekadeemclarke.eth • Lockdrop + LBA: The Future of Tokenomics?
0/ Token incentives are a popular way to distribute ownership to people that provide a useful service
But as we've seen, some of these distributions are easy to game and are less effective in hitting their key objectives
Here's my framework for thinking about this 👇
Ashwathtwitter.comairdrop and
So, what types of tokens should be used for which community purposes? As with most things in life, the answer is: it’s complicated! Each DAO needs to evaluate what type of community they are trying to build and determine the right combination of assets for economics, governance, and membership. But, generally speaking, we think it makes more sense... See more
Jonathan Hillis • Unbundling social token economics, governance, and access
Obligated/Friendly Votes are mostly happening in big DAOs. In this case members will give to others just because they personally like them or because another member has a “higher role’ so they feel obligated to give them something. it may also happen because you naturally have more visibility over what your friends are doing.