mandy

DeFI Degen, SONIC,BASE, $S $aero,$equal,$shadow.

[mandy @mandybwoy]

@binji_x @preegee she has some cool insights on token rights and DAO's

[mandy @mandybwoy]

@preegee Lol

[mandy @mandybwoy]

@preegee India's building the tokenized rails while still taxing retail crypto users like criminals. infra without incentives is not sustainable.

[Pree @preegee]

India's moving towards tokenization: REC & L&T just did the country's first tokenized corporate bonds (₹500cr each) - SEBI, RBI & NSDL/CDSL all coordinated

Maharashtra unveiled DELTA Act: first legal framework for tokenizing land, on a govt-owned blockchain

RBI: 248 tokenized CDs worth ₹17,000cr done, gold & deposit tokenization next

Meanwhile retail crypto: still 30% tax + 4% cess, no loss set-off, 1% TDS

Incentives for retail + builders should be the next priority

[Chomp @Chomponhood]

New CHOMP Registration is LIVE NOW👇

https://t.co/FqQ0TyQXYA

Previous registered wallet will be added in few hours

5% out of 10% is allocated for previous registered wallets

less than 10 hours left to mint CHOMPs after that all supply and bonded token will be added to treasury

[mandy @mandybwoy]

@preegee Crypto's entire marketing budget in one tweet

[mandy @mandybwoy]

@preegee Capture or die

[mandy @mandybwoy]

@preegee Keeping an eye on this one

[mandy @mandybwoy]

@preegee True no real value to holders yet

[mandy @mandybwoy]

@rohansonalkar I think their mutton lonche beats the curry. Tried it?

[mandy @mandybwoy]

@preegee Would like to see rating comparison with Aave

[Pree @preegee]

Morpho calls ethereum:0x58d97b57bb95320f9a05dc918aef65434969c2b2 "the only asset for Morpho"

It's the governance token at the center of a $6B lending network

There's one decision a holder would actually want to govern: whether the protocol shares its revenue with them

But it's not on the ballot. The fee switch is built & sitting off because the team prefers to reinvest & no holder vote decided it

So you hold a governance token but you can't govern whether you get paid

Aligned Incentives Score: 4/10, Misaligned. Weakest link, holders

Full breakdown👇

[mandy @mandybwoy]

@MattVisser Investor worries are mostly about sonic’s viability as a going concern. Previous leadership flaunted the treasury and claimed a 30-year runway. No need for full details but just confirming if those statements still hold would be a great start.

[Pree @preegee]

Heard the algo's handing out reach today. As good a day as any to explain what I do & why it matters right now

Projects have spent years experimenting with tokens & most still haven't found a way to route value through the token to the people holding it up. With serious capital coming in, more people will ask: what does this token do for everyone involved?

I built the Aligned Incentives framework to answer that. It scores a protocol across its 6 stakeholder groups (Teams, VCs, Users, Holders, Community Contributors & Node Ops) & finds the one getting the worst deal. Because that group has its trust broken first & takes its piece of the protocol on the way out

The scoring is ongoing, but one thing's already clear: your fave protocol, even the one with the best PMF on the tl, is being held back by badly designed tokenomics & the fix is long overdue

Only a matter of time before that catches up with them

Every Stakeholder Matters

[mandy @mandybwoy]

@preegee @thealienboy Lol

[mandy @mandybwoy]

@preegee @ethmumbai @web3privacy @candufaz @EFDevcon Missed this one

[mandy @mandybwoy]

@preegee Voting power??👀

[mandy @mandybwoy]

@preegee So aero sits above uni for now

[mandy @mandybwoy]

@preegee Aligned incentives is the key

[mandy @mandybwoy]

@preegee Good analogy on the penicillin/EF parallel