Align incentives.
One of our clients has quarterly product releases - something people buy in bulk. To access, you need to stake some tokens. However, the quantity is limited, so if they sell out, there's no real need to keep staking: users can sell and buy back in three months to try again.
To avoid this sell pressure, we've devised two incentives:
1. Locked tokens get more benefits. e.g. lock up for a year, be able to buy 3x as many products.
2. The longer the tokens are staked for, the earlier people get access to the drops. e.g. if they've been staked and untouched for 3 months, you get 60 minutes earlier access to the drop, ensuring you don't miss out this time.
Fundamental alignment of incentives between company and user shouldn't be neglected.
One of our clients has quarterly product releases - something people buy in bulk. To access, you need to stake some tokens. However, the quantity is limited, so if they sell out, there's no real need to keep staking: users can sell and buy back in three months to try again.
To avoid this sell pressure, we've devised two incentives:
1. Locked tokens get more benefits. e.g. lock up for a year, be able to buy 3x as many products.
2. The longer the tokens are staked for, the earlier people get access to the drops. e.g. if they've been staked and untouched for 3 months, you get 60 minutes earlier access to the drop, ensuring you don't miss out this time.
Fundamental alignment of incentives between company and user shouldn't be neglected.
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Here's something successful founders know about VCs that others don't:
VCs are not in the business of giving money, they're in the business of making money.
Think of them as a bank giving you a loan.
Both have a level of risk they're willing to go to, and if you can show that you're not a risky investment with a lot of upside, you will have no problem getting capital.
"If I give them $200,000, will they be able to take this idea and 5x my investment?"
That's all you have to prove.
VCs are not in the business of giving money, they're in the business of making money.
Think of them as a bank giving you a loan.
Both have a level of risk they're willing to go to, and if you can show that you're not a risky investment with a lot of upside, you will have no problem getting capital.
"If I give them $200,000, will they be able to take this idea and 5x my investment?"
That's all you have to prove.
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They loved our knowledge and offer, but ultimately opted for a more expensive, "traditional top 4 consultancy," in this case Ernst & Young, with the reason that the big name would allow them to deflect any risk associated with the changes.
Long story short, Plutus started promising much higher staking rewards instead - e.g. deposit 50,000 PLU, and after 5 years you will have 215,000 PLU. How does this make sense?
Well, EY calculated that the token is actually worth $10.25, instead of the current $1.90, so all these extra rewards are "self-sustainable". How did they arrive at that conclusion?
"EY simplified their calculations by assuming that 100% of reward emissions are stacked, no PLU is redeemed, and no PLU is withdrawn."
The lesson? Industry native expertise is indispensable.
For actually sustainable economy designs, reality-based modelling, and general token advisory, feel free to reach out to us: @Alex_Simplicity, @Daniel_Simplicity, @Yoaquim_Simplicity.
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We examined over 16,000 data points to assess the market depth of 35 leading cryptocurrencies on centralised exchanges: Binance, ByBit, OKX, KuCoin, Coinbase, Bitget, and MEXC.
There's a consensus that bigger exchanges have deeper order books, but is that true? We analysed the API data to find out.
Report: https://www.simplicitygroup.xyz/blog/top-crypto-exchange-depth-report
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Berachain Simplicity Group.pdf
87.9 MB
Docsend compresses files. If you want a high quality screenshot, use this 8k UHD PDF.
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This report explores the various components of the Berachain ecosystem, covering its technical framework: Proof-of-Liquidity (PoL), the BeaconKit consensus layer, and its innovative three-token economy.
It also spotlights 50 of the ecosystem's standout projects that are shaping the future of decentralized finance and web3.
P.S. If you're in Devcon, find us for a hard copy.
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