Turning Snapshot Governance into a Dark Forest: Spinning the Flywheel for 55,000 Tokens
Breaking Down Token Economics into Simple TermsSo, think of token economics as falling into two big buckets. First, you've got tokens that let you share in the profits of a protocol, kind of like having a stake in a company. You lock up some tokens, like CRV or veCRV, and you get a slice of the earnings pie. Then, there's the other type, where tokens are pretty much just for voting on protocol decisions. No direct cut from the profits. Here's the kicker: a lot of governance tok...
Turning Snapshot Governance into a Dark Forest: Spinning the Flywheel for 55,000 Tokens
Breaking Down Token Economics into Simple TermsSo, think of token economics as falling into two big buckets. First, you've got tokens that let you share in the profits of a protocol, kind of like having a stake in a company. You lock up some tokens, like CRV or veCRV, and you get a slice of the earnings pie. Then, there's the other type, where tokens are pretty much just for voting on protocol decisions. No direct cut from the profits. Here's the kicker: a lot of governance tok...
