Tokenomics Designs and their Parallels in Traditional Finance

Afonso Carvalho

Abstract


As more and more mechanisms for utility and value accrual are explored for cryptocurrencies and tokens, a comprehensive list and analysis of the different types of token economics designs currently being employed can be a useful starting place either for people getting into the space or for teams considering their own implementations. Furthermore, many if not most people outside of crypto still have the mental model of a currency as what all tokens are trying to be. In 2022, this way of thinking is too reductionist and leads great investors and builders to underestimate or even dismiss the space.


Full Text:

PDF

References


Hayden Adams et al. Uniswap Whitepaper. 2018.

Hayden Adams et al. Uniswap v2 Core. 2020.

Guillermo Angeris et al. An analysis of Uniswap markets. 2019.

Introducing UNI, Uniswap Blog. 2020

Vasiliy Shapovalov, How Lido Works, Lido Blog. 2020.

Kasper Rasmussen, 2021. Introducing LDO, Lido blog.

What is xSUSHI?, Sushiswap Docs.

What is SushiSwap?, Sushiswap Docs.

Proposals and Voting, Sushiswap Docs.

Kenton et al. 2020. Maker Protocol 101.

Ryan Sean Adams, 2021. The best product of the decade.

Sam Richards et al. 2022. Layer 2 scaling, Ethereum Docs.

Vitalik Buterin, EIP 1559 and Fee Structure.

Vitalik Buterin, EIP 1559 FAQ.

Alicia Tuovila, et al. 2021. Bad Debt, Investopedia.

Flopper: The Maker Protocol’s Debt Auction House, MakerDAO Docs.

Financial crisis of 2007–2008, Wikipedia.

Aave Protocol Whitepaper, 2020.

aToken Valuation: How does the market and economic theory value aTokens?, Aave Document Portal.

Asset Risk: Methodology, Aave Document Portal.

Weighted Pools Use Cases: Aave Safety Module, Balancer Docs.

Aavenomics: Safety Module, Aave Document Portal.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Afonso Carvalho

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.