What $DEGEN teaches about tokenomics


Hi!

Welcome to Web3 Bits, where I share a few of the most interesting web3 bits for you to consumer over the weekend.

This week I decided to dive into a new cool tokenomics model I've been having lots of fun with on Farcaster for the past month: $DEGEN. It's got a lot more going for it than just being a meme coin and good vibes. The team has implemented a few cool and simple mechanics that have really made things click. One of my key questions though are: is this sustainable and what needs to be done to make it so?

Thoughts welcome!

Writings

Interesting things

  • 4844 was implemented this week and has a few interesting mechanism design implications for block building.

Hi! I'm Yosh, founder of Designing Tokenomics

I'm not great at writing bio's, but you can check out my work: šŸŽ§ I host the Ethereum Audible podcast šŸ’Ž I write & teach tokenomics @ https://designingtokenomics.com šŸ” Build Alpe Audio: audio courses @ https://alpeaudio.com

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