The Yield Question No One Wants To Address

This is the price of decentralization. This investor would need to keep paying these decentralized and independent operators if that’s what’s required to keep the REV coming in. In reality, this is a very difficult number to assess. What is the marginal value provided by additional network operators vs. the marginal cost added, and when does that s... See more

This meant three things:1. There was a ticking clock. Even if nobody else noticed the free money, anyone could remove their own liquidity at any time, accidentally receiving the tokens from the contract.2. I could put on my white hat and try to recover the tokens for the person who had accidentally sent them in. It would be as simple as calling the... See more

Outline the dilemma that DAOs face today: one the one hand, DAOs need to diversify their treasuries away from their native token concentration; on the other hand, they can’t simply sell their native tokens on the open market without moving the market or cause any negative perception by market participants or its community members. We will discuss s... See more