Grant Request [Tokenomics Review and Revamp by Dean's List]

Thank you for the feedback Dean. Just wanted to address two points:

  • On token swaps, the idea was that other communities are more receptive to the prospect of holding more of their token. So a swap allows you to encourage the prospect of attracting new stakers by incentivizing them in the token of their choice. For example, stake with marinade to get more $DEAN. Easy flip for someone who is not with Marinade (fully or at all) to say move from Jito, for example. Easier for Marinade to offer their token in return for the incentive as opposed to going and buying it off the market.

  • On the buyback and burn, on its own, it solves for nothing correct BUT it helps the community move forward with the idea that the MNDE in the vault is something they can start spending for growth as there is a deflationary aspect to the token. From a zoom out, whatever is going out is net off what is being burnt allowing for the circulating supply to not grow as much as growth there is percieved to be dilutive. Can alter this to be an auction paid for in MNDE where, for example, 100 mSOL in revenue is offered to the highest bidder in MNDE which, when recieved, is burnt.

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Hello everyone,

We’re excited to announce that we’ve published a new blog post! It offers an in-depth look at our analysis, conclusions, and proposed next steps regarding Marinade’s tokenomics. This insightful piece will be shared across Dean’s List communications channels tomorrow. We invite you to read and share your thoughts: