Emissions (Topic)
Nothing in principle stops an established project from minting a token and pairing it with its own established liquidity. The issue we are addressing is the dilution of veNFT voting power for a new project. Once our programmed emissions cease, there is nothing stopping governance from, e.g., using passive income the project receives to market buy OpenX and create further emissions.
Nothing would stop the project from minting another token, or stablecoin, or synthetic assets, etc. against the value of the protocol and use those for emissions. Establishing a protocol that is net emissions negative is a separate task from leveraging the value such a protocol produces. What is important to remember is that inflation of OpenX comes to an end, not necessarily "emissions."
Last modified 5mo ago