Meeting 001: Tokenomics, What we should do, Overview of Engagement

29/01/24

First pass at the entire look.

Most likely to use veToken mechanics, going on voting.

No real reason, it just fits all regulatory requirements, need a layer of abstraction to not be qualified as a bank.

If just staking the regular token, it can't be held in pools

What are the Growth Levers

Considering a form of burning. They could burn through reputational slashing. Instead are going to deny rewards. There are no real growth levers in the system.

Do you intend to add Delegation to Nodes

Not considered as of yet. Probably something they should add, now they think about it. Don't know, probably a way to get around it.

Is there an ideal amount of active Nodes, that need to be present?

Apart from the general network effects, there is no specific number. As many as possible. Not about incentivising security, like others are

What about the US exclusion

Just the US, will be excluded. Only the US that will be blocked.

The Supreme Court

Transitional governance mechanic to stop it from being gamed.

TLDs?

In the name system, if you want to have the TLD recognised, there's a financial way to do that. And then, whoever owns the TLD, can issue the subdomain of off that, that goes to the community.

Put it in the token.

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Question: How to generate sources of burn based on usage. Have to look into. Fundamentally there's some place in the system where people are paying for some action, that can be turned into burn.

Question: Should the system have its own appstore? Could take a cut off apps.

Question: What are the other decentralised OS doing? Application Ecosystem.

Question: Find OS's and other similiar to us, look at how they're doing it.

Marketing and what not. Dev Rel Kickoff

- No Clear Ecosystem Mapping thus far

- Generally speaking, existing products that what decentralised infrastructure in a done for you way

- Fast Iterating Founders

- Wire together crypto application with on and offchain components

- Much more likely to be incoming from 'normal' programming languages in a crypto contest

- Starting with English speaking founders