Austin Castellaw

Isn’t it weird how the tables have turned? Now, let’s look at a Web3 version of this.

There are a variety of different strategies that can be employed to achieve a long term, stable value for a token. ‘Locking tokens’ is one of these strategies and is commonly seen as an effective way to keep a token’s value high in the long run. Token lockup refers to a specific period of time during which the tokens cannot be transacted or traded.... See more

2. Who to distribute ownership to (making sure you are distributing ownership to those that create the most value)

I get paid in a lot of different ways which is the fun part of this. So, there are a few different ways. One of them is in tokens that are effectively like governance tokens from a DAO. So, for Index for example, I’m paid in Index tokens. I personally hold those tokens. Some people who are paid in those tokens sell them right away, it depends on if... See more

So let’s dig into utility. We’re going to cover:

-A high value of yearn is having people take initiative and not having gated processes. An example of this is multiple private yearn telegram groups, but the problem is information was not trickling to the wider community