@rhondamat
Learning tokenomics: methods of managing and issuing DAO tokens š¤
Community management via DAOs is not uncommon in today's crypto market, so it's important to understand their mechanisms and ways to launch tokens. We'll talk about this in the post.
š¼ LooksRare Methods.
The LooksRare project conducted a retrodrop of management tokens based on user trading on OpenSea. The developers added a stigma mechanic where unclaimed tokens would be returned to the project's repository. Transaction fees on the network were returned to token holders.
š¼ ENS methods.
A naming service on Ethereum also rewarded early adopters with 25% of the total token saplay. Retrodrop guaranteed management to early adopters of the project who utilized the protocol for its technological potential rather than for profit. $ENS allowed voting in DAO and delegating votes to community members.
What DAOs with sustainable tokenization do you know of? Share in the comments! š
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