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Feb 2

What the DAO - New tech, old governance models

Given all the recent drama surrounding a certain “DAO” and the controversial and borderline self sabotaging decisions being made via governance by holders, it’s a good time to look at the governance models in DeFi, and if they’re actually beneficial at all. https://twitter.com/litocoen/status/1488488938310414336?s=20&t=onW2SvO5UwRDE8GC_BeihA For a new age technology, DAO governance models are pretty similar to traditional governance, albeit digital and on-chain. Either its a simple 1:1 model,...

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A Tokemak Thesis

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Blog iconAurelius
Jan 30
A Tokemak Thesis
Liquidity mining via Pool2 incentives has been the go-to method of accumulating liquidity for DeFi projects post launch. Unfortunately incentivizing project liquidity via pool2 mining has various downsides:Mercenary liquidity stops mining once pool2 incentives are not attractive enough, as this liquidity is not interested in the project long term.Mercenary liquidity dumps the mined token as emitted, causing an uneven sell pressure from an early stage of the project.The tokenomics have to be d...