Zaki: I think there was much needed context on this and I'm really excited to dive into the paper. There's an expectation that most of the Adam token holders are going to be staked and issue liquid staked assets. So there's an opportunity and a need to change the monetary policy because this stake ratio targeting no longer makes sense. We're actually going to publish a kind of follow-on paper that goes into more detail on this, but the paper gives a sketch. And the idea is that we can basically move from an exponential issuance regime into a sub-exponential regime.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode