In today's episode, we discuss if protocols should distribute revenue to token holders. This debate was sparked by a Lido proposal for a token revenue share mechanism that now has all of Crypto Twitter debating the merits of revenue distribution, buyback and burn vs dividends, protocol treasuries and more. Tokenomics is a theme you can no longer ignore.
We also discuss roadblocks at Stacks (a Bitcoin scaling solution), the viability of Bitcoin's blockspace for arbitrary use cases and Tether's new BTC buying program.
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Resources
Lido revenue share proposal
https://research.lido.fi/t/proposal-introducing-ldo-staking/4636
Hasu's Lido response
https://research.lido.fi/t/proposal-introducing-ldo-staking/4636/25?u=hasu
Alex's SNX thread
https://twitter.com/thiccythot_/status/1659278056035348485
0xResearch hosted by Dan and Sam
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https://apple.co/3SNhUEt
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Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.