First, does the startup retain tokens or immediately swap them for dollars? By hodling, the business implicitly operates a hedge fund. Keeping tokens means taking a constructive/long view on those tokens and selling vice-versa. How should the company decide which tokens to hold and which to swap? Should the business hire a full-time analyst to mana... See more

Send USDC from a wallet with your ENS address to the entity’s ENS address, and receive digital assets back into your wallet. These digital assets are mirror assets logged in an on-chain cap table we call the mirrortable. The primary cap table is maintained in an off-chain system like Carta for compliance purposes. And the entity periodically update... See more

The decentralized web should be conceptualized as three distinct spheres: one for speculators (trade), one for participants (earn), and one for consumers (burn). The speculative web encompasses any risky activity where one outlays capital for the purpose of earning a financial return. The participant web involves anyone building or participating in... See more

Decentralized treasury spending lets contributors select team members they’ve worked with, allocate points to members, generate a contributor graph, and get paid based on their contributions. This is exactly how Coordinape from Yearn is designed to work.