Incentive Design

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

0/ Token incentives are a popular way to distribute ownership to people that provide a useful service But as we've seen, some of these distributions are easy to game and are less effective in hitting their key objectives Here's my framework for thinking about this 👇

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