Incentive Design

Airdrops are inefficient token distribution mechanisms since they don’t measure how valuable of a contributor a token recipient is Why reward a token to someone if they aren’t going to contribute to the network? We need to be better than just rewarding early users

building sustainable networks in crypto is especially hard because the incentives are often short-term oriented 2 solutions to enable sustainable networks: - token streaming/vesting (ie. @Superfluid_HQ) - milestone based token rewards (ie. @UMAprotocol KPI... See more

For products to work at scale they need sustainable business models and networks. Would love to see more discourse in web3 about the complex financial incentives conflicts that we’re going to see if the movement goes beyond DeFi/trading-related use cases. A few examples👇