Austin Castellaw

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

I think one of the most important things is for protocol teams or communities to first figure out what it is that they’re trying to accomplish and what their token specifically will be used for. For a lot of work token models like KEEP, NuCypher, or The Graph, the token is used to provide a service — the token is serving as a tax medallion. And so... See more

With these market conditions come implicit assumptions around the future state of crypto. For builders and investors to meet expectations over the next 5-10 years, how much market cap creation will we need to see? How much institutional capital will need to enter the space to support these assets? Where might institutions allocate? How can both... See more

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.

-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

SourceCred (in the most basic sense) is a technology that makes the labor of individuals more visible and rewardable as they work together in a project or community. The goal of SourceCred is to use this technology to make rewarding labor as nuanced as human contribution often is. We hope to be one piece in the puzzle of a healthier future where... See more