During this week’s community talk, we briefly walkthrough the dYdX tokenomics. Discussing investment catalysts, Protocol improvements, and bring up the value capture and demand drivers. We invite you to follow the conversation as the community dives deeper into the following talking points:
Briefly walk through the diagram
Utilities
soft governance
holding tokens to reduce fees
psydo staking
FDMC
lots of tokens to enter the market ~90% over the next 5 years
demand for that has to come from somewhere
Catalysts
Unlocks coming up in January 2023 with quite a lot of tokens potentially entering supply
Governance over treasury as revenue streams come to treasury.
Demand drivers
reduction of transaction fees
speculation over revenue streams going to treausury
more trade volume more revenue
Value creation
decentralised trading of perpetuals, leverage etc. with a real order book
Resources:
Published article:
Diagram walkthrough:
Listen to this episode on YouTube:
Disclaimer:
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This recording is not tax advice. Talk to your accountant. Do your own research.
None of this is legal advice. This community talk is strictly educational. Talk to your lawyer.
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Tokenomics Community Talk: dYdX