17h ago
There have always been justifiable mechanisms for passing on yield (ie incentives for participation).
Far more so than selling tokens to investors imo.
And yet, far more do the latter than the former bc “legal” is a great excuse for hoarding all the value.
18h ago
Pertinent from me
Tokens can already directly accrue value to their holders, & always have been able to. See $BNB $LEO $HYPE $AERO $PUMP etc
Lawyers at a16z, Coinbase, etc have selectively misinterpreted securities law for years, & are directly responsible for why so many worthless tokens exist, & why so many crypto investors have given up after being duped into buying inflationary memecoins & L1s instead of demanding better tokenomics
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