Austin Castellaw

Game's sources and sinks are CRITICAL to develop a healthy economy of a game, both web2 and web3.It helps to shape a sticky user's behavior, and, of course, affects user attraction and retention.

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

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-Using coordinape as a performance evaluation tool and to reassess the expectations of member's contributions. DAOs can run into trouble knowing how available their members are especially if they are involved in multiple DAOs

Hybrid — Some projects like Frax Finance use a hybrid approach to find a balance between these issues. The peg to USD is algorithmically maintained, but they also have reserves available to handle periods of extreme volatility and market demand. This strategy seems the most likely to survive long term.

1. How the community can participate towards meaningful objectives for the network (give tokens for work to be done)

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

So, currently it’s a W2 but I’m probably going to change it to a 1099 because I’m figuring out exactly what the best legal structure is based on how I actually like work, and we’re still figuring out where I fit within Orca because again, it’s like one of those things where I’m a researcher but I’m engaging a lot with their DAO and I think that... See more