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ywc
@ywc
Design tokens to stand second order effects, incentives are first order. Stock prices reflect the company's success (long enough timeframe). We are seeing tokens completely siloed from their derivative i.e: DAOs/Protocols (noun, uniswap) as a product and community. UNI trades independently of protocol's success and noun token and community have become two different things, where people relate to nouns but not the token
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kevin j
@entropybender
i believe this is the next phase of utility
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