Curve's Evolution: Insights into Sustainable Protocol Design Beyond Token Design
IntroductionDuring the previous crypto bull market, many new projects emerged with exciting narratives such as DeFi Summer and X to Earn. However, the market frenzy has caused people to become overly fixated on token prices and tokenomics, often disregarding the underlying value and long-term sustainability of these projects, leading to a sense of FOMO. The bearish turn of the market has subsequently exposed the true value of many projects, and once-mighty projects like Terra/Luna and FTX hav...
Curve's Evolution: Insights into Sustainable Protocol Design Beyond Token Design
IntroductionDuring the previous crypto bull market, many new projects emerged with exciting narratives such as DeFi Summer and X to Earn. However, the market frenzy has caused people to become overly fixated on token prices and tokenomics, often disregarding the underlying value and long-term sustainability of these projects, leading to a sense of FOMO. The bearish turn of the market has subsequently exposed the true value of many projects, and once-mighty projects like Terra/Luna and FTX hav...
