Avi
@AviFelman
live-streaming @1000xpod / Ex Portfolio Manager @ GoldenTree, BlockTower
Joined July 2015
1.2K Following 106.7K Followers
I appreciate the efforts here to improve tokens but in reality we are reinventing equity from first principles, continuing a long tradition of figuring out why things are the way they are
A better framework for evaluating tokens is here.
Token Revenue: A token's direct claim on protocol value — distributions, buybacks, and burns.
Token Emissions: The costs token holders subsidize — public (incentives, etc) and private (unlocks, etc).
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