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Paul Frambot 🦋 | Morpho Labs Profile picture
Paul Frambot 🦋 | Morpho Labs
@PaulFrambot
Making efficient lending a common good @MorphoLabs 🦋 --- Hiring the best mechanism designers
Oct 4, 2022 • 7 tweets • 2 min read
How token incentives can actually slow down DeFi ecosystem growth

🧵 I never read long threads so I’ll be quick:

1/ Too much focus on token design rather than mechanism design.
2/ Incentives conceal actual innovation.
3/ Some mechanisms weirdly rely on incentives.
4/ What can we do about it?