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Why can't DEFI protocols do this?
No permanent rent seeking token
Treasury that collects % of fees
Governance votes decided by temporary LPs providing liquidity for X amount of time via select address
Doesn't that solve a lot of problems?
No permanent rent seeking token
Treasury that collects % of fees
Governance votes decided by temporary LPs providing liquidity for X amount of time via select address
Doesn't that solve a lot of problems?
Founders can be allocated a temporary share % of future treasury earnings if present inflows are low and to incentivize them in a way that is similar to speculative market tokens
This will also incentivize founders to maximize protocol activity to increase their earnings from treasury. This is better than fixed salaries. Nobody wants to earn a fixed salary in crypto when the rest are getting filthy rich off speculators
What if founders got tokens that are % share of treasury, that can be traded on open market. The share is burnt when cashed in for actual treasury money.
