DeFi’s Buyback Effect: DAOs Are Reinventing Token Economics For Sustainable Growth
During the heady days of “DeFi Summer”, progress within the decentralized finance business was dominated by “yield farming”, the place protocols provided high-emission token incentives as a reward for liquidity suppliers. In essence, they have been promising unsustainable yields to encourage customers to gas their progress by depositing but extra funds into them. These fashions…
