linge.eth

[linge.eth @Linge_here]

Do Kwon's previous algo stable experiment, Basis Cash $BAC, failed bc its stability mechanism relied on speculators believing in a peg restoration exactly when faith was tested.

Same same but different from the Terra $UST crash - a case study

https://t.co/4YBEebKtMO

[Emin Gün Sirer🔺⚔️ @el33th4xor]

Even fully-collateralized fiat stablecoins have depegged. Even some of the weak algo stablecoins have recovered.

Some thoughts. 🧵👇

[linge.eth @Linge_here]

@LNemmett Don't worry, $AMPL will be covered in a dedicated case study - its direct rebasing debasing model sets it apart

[linge.eth @Linge_here]

In light of the ongoing $UST and $LUNA fiasco:

Refresher on stablecoins, why they matter, and the different types

I'll be doing a series of case studies on how algo stables have failed (or weaknesses) from a mechanism and token design perspective

https://t.co/h4k7Pamycf

[Vladimir S. | Officer's Notes @officer_secret]

A solution concept for #KYC without knowing your customer, leveraging self-sovereign identity and zero-knowledge proofs - Good Read! 👀

👉https://t.co/RLHpasbk3B

This approach breaks the traditional privacy vs. transparency trade-off and provides structured transparency 🤯

[linge.eth @Linge_here]

@Quicktake @rumireports @allenwan290 @BW not to say this is ideal by any means. the world would be much better served by a decentralized, censorship resistant, and LT value-stable currency

[linge.eth @Linge_here]

@Quicktake @rumireports @allenwan290 @BW the point many are missing here is that unlike a cc, venmo, etc., here the govt collects data directly on tx's. in return, vendors could have lower fees, savings which could pass on to users; and usability is more powerful for mass adoption than moral objections (see big tech)

[Chase Chapman @chaserchapman]

The way governance tokens work today isn’t sustainable

1) Governance power should be earned, not bought

2) Contributors shouldn’t have to give up governance rights (tokens) to pay rent

[John Wang @j0hnwang]

We all know L2 tokens are coming and they will 🚀 But there’s been little info about what L2 tokenomics will look like, and wen token?

I launched one of the first L2 tokens and reviewed every existing one: here’s what I think #L222 @StarkwareLtd @zkSync @OptimismPBC @arbitrum

[linge.eth @Linge_here]

@bennybitcoins @Lurker28042627 Good metaphor, sometimes institutional firepower is necessary to reach escape velocity. If not, an otherwise great spaceship can never get the chance to do its thing in space

[linge.eth @Linge_here]

@JordanLyall Linge.eth

[Joyce @cyndilailo]

It’s true that web3 benefits VCs.

But also know that it can benefit retail just as much thru DAOs like @Globalcoinrsrch that aims to disrupt the traditional VC model, democratize crypto investing and provide access to those that never had such access

[linge.eth @Linge_here]

Specific initiatives and BUFF strategies that GCR plans to use to incentivize community generated liquidity will be revealed in Part 3...

Stay tuned and follow @Globalcoinrsrch @scribeDAO @CyberHang @linge92 for more insights.

[linge.eth @Linge_here]

How can DAOs incentivize members to provide liquidity for new buyers without attracting mercenaries?

@CyberHang's BUFF primitive offers a sustainable solution.

Summary of What Does DAO 2.0 Tokenomics Look Like? (Pt 2) by
@Globalcoinrsrch for @scribeDAO

https://t.co/pj2V6MYSld

[linge.eth @Linge_here]

DAOs are uniquely advantaged to use Option 2 because they can provide creative incentives like additional rights and benefits within their ecosystems (BUFFs).