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S2 Finale: The Next Evolution for DAOs

Bell Curve

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Is There a Cult Following in Cryptocurrency?

Yield farming was a mechanism for getting tokens out into the hands of people. It also, I think ended up being a mechanism that encouraged some form of equity financing. There was mercenary liquidity where people would just take the tokens and dump them on the open market. Now the much more important thing for these protocols is actually people, right, getting labor actually to contribute to these protocols as opposed to just capital.

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