Austin Castellaw

-Trust and self-awareness are key to having conversations around performance and compensation. DAO tools are about facilitating hard conversations and personal growth.

In Coordinape's current app distributing funds is a manual process, with Gnosis Safe and Disperse App being popular ways to use our CSVs for distribution. Soon, we will integrate our first contract element with Coordinape: the ApeVaults.ApeVaults are Ethereum mainnet vault contracts that can be minted by a DAO to hold currency or native tokens in... See more

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.

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.

Doesn’t this sound great? Well, yes! Now, this is just one of the many examples of this ability to “Web3-anize” assets, i.e to convert from the older way of doing things to a newer model. I would like to further expound on this idea by just taking you on a journey to envision what an increasingly tokenized world could look like.

In this third part, I’m going to cover utility. Utility is a subsection of the Demand side of the tokenomics equation. Even if a token has a great supply model, it still needs a good reason to exist and for people to hold it. Without those, there will be no demand for it, and no one will buy or hold it.

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.