1) Token X governs protocol Y, and gets its fees/revenue
2) X is airdropped on everyone who uses Y as an incentive to increase volume/TVL/usage/liquidity
3) Airdrops of X stop
4) ???
5) People keep using Y without being paid X to do so
Fake it till you make it. twitter.com/cryptowealthx/
Conversation
does it work though? People will switch to other protocols with incentives. Just like if someone would release sushiswap now (instead of sept) when UNI incentives are running out, they might be able to become a leader. No?
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