Pablo 📐(@pablo_veyrat):I guess for many incentives are not meant to run out as most issuers we work with are distributing a fraction of their net interest margin. @merkl_xyz makes it easy to distribute sustainable incentives (e.g inferior to the revenue you generate thanks to the supply these unlock)

Pablo 📐

@pablo_veyrat

Co-Founder @merkl_xyz 🥨, @AngleProtocol 📐 Proud European citizen building an open financial ecosystem 🇪🇺

参加 April 2012

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Pablo 📐@pablo_veyrat

2026.07.07 15:27

I guess for many incentives are not meant to run out as most issuers we work with are distributing a fraction of their net interest margin. @merkl_xyz makes it easy to distribute sustainable incentives (e.g inferior to the revenue you generate thanks to the supply these unlock)

Sonya Kim@sonyasunkim

2026.07.07 15:02

Browse through @merkl_xyz and all you see are stablecoin-based incentives everywhere Competition is rising amongst every stablecoin, lending protocol and fintech The question is when the incentives run out, who will have found true PMF?