Two tokenomics experts, Yan Liberman, co-founder of Delphi Digital, and Viktor Bunin, protocol specialist at Coinbase Cloud, discuss their experiences building tokens, their thoughts on the recent ENS/PSP airdrops, and what “fair” token distribution looks like. Show highlights:

the definition of tokenomics
what factors (such as utility, fairness, liquidity, security, etc.) token designers are incentivizing for
what Yan learned from helping design Astroport tokenomics
what Vikor learned from helping design Threshold, the token that was built to facilitate the merge of NuCypher and Keep
how the EIP 1559 burn has changed Ethereum’s tokenomics
how EIP 1559 has improved investor outlook for Ethereum
why Viktor is worried about people actually using Ethereum going forward
what Viktor and Yan think about how the ENS airdrop farming issue was handled
what Viktor and Yan think about ParaSwap’s PSP airdrop and why Viktor thinks ParaSwap made a “mistake”
how Viktor and Yan would go about airdropping a token to good actors instead of bad actors
how improvements in on-chain identity could help future airdrops
fair launch tokens versus VC-backed tokens
what the definition of fair is in terms of tokenomics
why Viktor thinks a token’s distribution is more important than a token’s launch
what could be the optimal way to distribute liquidity mining rewards
how community affects tokenomics
how to incentivize NFT-based tokens, like the forthcoming Bored Ape Yacht Club token, for the right goals