Austin Castellaw
@austincastellaw
Austin Castellaw
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
Medium • Examining the Emotional Drivers for ‘Locking Tokens’
Fully backed and over collateralized — Every stablecoin issued is backed by reserve assets in a vault that represents more than 100% of the total Stablecoins issued.
Exploring Stablecoins
A thread about @Coordinape, DAOs, decentralized compensation and its potential and pitfalls, and what it all might mean for the future of work:
Li Jintwitter.comDAO Compensation and
-Yearn started just doing grants or gifts for contributors after they did great work. Some studies have shown that financial incentives can inhibit creativity. Coordinape is based on the gift economy where every month there is a budget and the members receive give tokens which they can give to people and people receive compensation based on those... See more
Aron Fischer • Compensation in DAOs with Tracheopteryx by Collectively Intelligent
To provide a form of compensation that enables contributors to liquefy some of the value they have created into an exchangeable currency.
Andreessen Horowitz (AZ) • A Novel Framework for Reputation-Based Systems
1. How the community can participate towards meaningful objectives for the network (give tokens for work to be done)