A place for talking about the Ethereum Virtual Machine on Farcaster.

Wrote about the Uniswap Labs fees and more broadly the challenges crypto companies face in balancing OSS values & building businesses

I look at the history of OSS commercialization to provide a framework for monetization in crypto.

Wrote about the Uniswap Labs fees and more broadly the challenges crypto companies face in balancing OSS values & building businesses

I look at the history of OSS commercialization to provide a framework for monetization in crypto.

https://wallfacerlabs.substack.com/p/uniswap-fees-and-open-source-business

Building better ways to earn onchain w/ @vaultsfyi |

More: 
https://linktr.ee/ryanrodenbaugh

cofounder Butter <*> futarchy
-- Bitcoin is the devil's way of teaching geeks economics - Revalin

> why is accruing protocol tokens not a valid business model,

Overtime in exchange for work? I don't see this as sustainable as most all tokens have a fixed supply.

> there is an allocation mechanism to the labs entity?

At inception? Giving tokens direct to team & then to company looks a bit like double dipping

Great analysis.
But why is accruing protocol tokens not a valid business model, supposing these tokens are made valuable by protocol and there is an allocation mechanism to the labs entity?
Misalignment between token maximization and equity maximization looks fixable