🎉 Congratulations to everyone who has brought this moment - whether through software development, using blockchain, or believing in the future of decentralized finance!
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Over the past year, we’ve seen many tokenomic structures, some are great at capturing and distributing value, and others are Ponzi schemes in disguise.
What should you look for in a project’s tokenomics? 🧵⬇️
First, what are tokenomics?
Tokenomics is the DeFi-specific study of choice under scarcity.
The goal of tokenomic analysis is to understand the potential value of a DeFi project by considering all aspects of a token’s creation and maintenance.
Four fundamental tokenomic pillars make up every token, and it’s the first thing an investor should analyze before diving deeper into economics.
- Supply
- Distribution
- Monetary Policy
- Value Capture
Community should take steps forward and participate in the DAO Bootstrap Phase and governance mining and not just blindly follow the core team’s decisions. During this period, we will seek a consensus on all major DAO-related topics.
We believe that the fundamental rules and structure of the DAO should be defined by a highly-dedicated community that actually wants to have a say in DAO governance.