Hi Casters. I've been thinking a lot about protocol monetization and what it opens up.  I wrote some thoughts on that today

Hi Casters. I've been thinking a lot about protocol monetization and what it opens up.  I wrote some thoughts on that today https://avc.xyz/why-monetize-protocols

Outside of base layers, what are the best incentive models between protocols <> application/interfaces? 

The Synthetix integrator incentives are one (linked below). Curious if there are other high-quality examples.

co-founder @layer3xyz, prev investor at accolade partners

Outside of base layers, what are the best incentive models between protocols <> application/interfaces? 

The Synthetix integrator incentives are one (linked below). Curious if there are other high-quality examples.

https://mirror.xyz/kwenta.eth/ncMauzmLjanuz-FkNFBQbrysVOujs7OUOop89NVy2a4

Unlock Protocol founder.
Previously founder at Superfeedr (RSS push API) acquired by Medium!

https://ouvre-boite.com

Yes. For sure. But that argument is not as compelling for regulators and rule makers

You seem to indicate that monetizing is mostly a defensive technique (avoiding capture) and I think that is fair, but I also think if done well, they could also create an incentive toward adoption of said protocol and drive growth by creating a "valuable" public good.

Interesting article!
1/ The argument that monetization via a protocol token is a mechanism to prevent bad actors to capture governance is how I typically think of tokens. What's the issue with standards bodies "centralizing" governance of web2 protocols that don't have tokens though? Some examples here would be great.