Totally understand that, but only way to capture value is through network effects of a liquidity pool. You could 'monetize' that value with txn fees or a token. Struggle to see ZRX capturing value for on-chain governance. So why not just collect tiny fee for trillions of txns?
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Sure, but it's hard to convince people to assign value to a cryptocurrency when it suffers from overarching governance issues.
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I would argue that it is hard to convince people a cryptocurrency need “better governance” when it has proven itself as a store of value.
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I think the problem is trying to equate value propositions for things as different as bitcoin and zrx. Bitcoin is meant to be a form of digital gold for most of their holders, hence censorship resistant and immutable. The best form of governance on bitcoin is extreme paralysis
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Even innovations like LN can be problematic when ypur value proposition is being a SoV. Instead, for zrx governance is the only way of capturing value due the open nature of
@0xProject. There's no other way to pool the value flow between layers. Also, is a brilliant way to... -
Indirectly incentivate zrx adoption by relayers. Because as a part of the
@0xProject ecosystem they'll want to have a say of future developments -
*on future developments
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Yea agree with all this. Just wondering if there are other ways to capture value of open source projects. Seems like as of now, no.
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