Sooooo, the issuance reduction debate… 💠
My journey with this topic started with a “this is dumb” initial reaction back in 2023, and has evolved to “this CAN makes sense” recently. I am still against the proposal, but let me walk you through the thinking process. I think a lot of the actual nuance is buried in a sea of vague arguments. Let’s try to fix it!
I am not against capping issuance as such, I recognize the security argument as potentially valid. The app layer stack would be able to take the pain and work with it - if the fix and the arguments seemed more solid. I don't see that being the case right now.
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New thing in DeFi?! Cool stuff happening on Ethereum with PropAMMs going live. Check out what @titanbuilderxyz aka @gattacahq launched ( and also @bebop_dex ( 👀
Who else is working on this that we should keep an eye on?