@unbanksy
Lots of discourse focuses on optimizing the cap table (ie lockups, allos, vc vs team) but I want to bring to attention something more fundamental: liquidity and utility of the token.
Most token launches today launch a vanilla erc-20 into a poorly thought out liquidity pool (mostly uni V2). And then add complex ve- and options vesting solutions to control supply emissions. This almost always results in poor price action and the blame is always on the cap table.
The contrarian solution space @baselinemarkets is exploring is around making liquidity and utility native to the token. So every bToken launches with its own liquidity, logic for rebalancing that liquidity, and native staking, lending and leverage markets to bring utility on day one.
1 reply
0 recast
1 reaction