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Jul 22, 2021

Good question - simply put, our goal is the creation of a diverse and self sustaining terra economy. And an economy driven by organizations with selfish interests tend to fare better than one where everyone works for the state. It’s worth thinking about!

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krane

@0xkrane

Jul 22, 2021

I think the biggest around this is value capture for those that work on the project. If there is a way for them to get paid proportional to the value they create then I think a framework like this could work.

Youpi

@youpi78130

Jul 22, 2021

Then at least they should have simple tokenomics and no more airdrop blabla.

@lotera

for example have a very simple and healthy model not based on inflation that truly scale with usage

@pylon_protocol

require a PhD to understand Hope

@mars_protocol

token will be simple.

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I don’t understand whats complicated about using a percentage of protocol fees to buyback tokens and take them out of circulation Anchor, mirror, and pylon all work this way

10:27 PM · Jul 22, 2021Twitter for iPhone

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dd.deathspiral

@FuturOfFrancia

Jul 23, 2021

Because this benefits all $MINE holders, the point is to benefit $MINE governance stakers.

Replying to

The complication comes from the fact that holders are rewarded via token buyback, and users are rewarded through inflation of the same token. Hence, because of inflation, in the early days, it's not that obvious to claim : Usage grows --> revenue grows --> price pump

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