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I chatted with the COVER team and gave them feedback on their tokenomics. The new proposal seems way more fair to token holders: growing to the original SAFE token supply, and then a bit of annual inflation for farming.

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Cover Protocol

@CoverProtocol

Oct 22, 2020

COVER Revised and Finalized Tokenomics coverprotocol.medium.com/cover-revised-

3:17 AM · Oct 22, 2020Twitter Web App

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Defi Yoda | Dips, I buy

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I hope the community turns around on this. Expecting team to have zero skin in the game while community deadweight “investors” hold all the tokens hurts everyone We’ll see how $yfi and $swrv move forward, but I wish both had better incentive mechanisms for teams