• Tasks
• Questions
• Vision
• Drivers / Interventions proposals
• Monetary policy

Dapps can bring value to the protocol through some form of commissions (direct or indirect) that can be distributed among validators and protocol builders – resp. Tokenomics group? Engineering & Marketing as well

Tasks

Questions

• What is “security” and “capacity” in terms of our tokenomics? (e.g. runway for 10+ years, $100M level of investments…)
• Who and How manages liquidity pool?
• What went wrong with the other tokenomics? e.g. risks
• Security, inflation parity, token price scenarios (modelling?)

Vision

• On the narrative / macro market cycle side: $REGEN should be seen as a "greenchip" or must-have token in a ReFi / RWA crypto portfolio. That's more of a marketing thing than a tokenomics thing but thought it was relevant

Drivers / Interventions proposals

Security should correlate with the transmitted value

https://community.axelar.network/t/adjusting-axelar-network-incentives-a-proposal-to-scale-to-thousands-of-chains-call-for-comments/2515?utm_source=mailerlite&utm_medium=email&utm_term=2023-10-12&utm_campaign=New+Tokenomics+Proposal+AMA+Oct+18+

https://www.mintscan.io/regen/validators

Safety is liquidity, now in red?

Monetary policy

Goal: growth target that has countercyclical smoothing + duration bias

• Reserve Requirement: The central bank of the country requires that all the other commercial banks keep their cash with it, which they cannot use further for economic or commercial purposes. Thus, all the other banks in the country need to keep a share of their liabilities with the central bank in the form of either cash or deposits. This is done to limit the amount of loan that a commercial bank can lend to the domestic economy, and in turn, limits the supply of money. The idea behind this is that the commercial banks maintain a stable relationship between the money they have lent to the Reserve Bank and the amount of money they are lending to the public.
• Open Market Operations: Central Bank works on behalf of the treasury (fiscal authorities) and buys or sells securities to the other banking authorities or in the open market on behalf of them. Open market refers to the non-banking public. The central bank is directly responsible for the supply of money. When the central bank sells securities, it reduces the supply of reserves, and when it buys the securities that it then redeems, it increases the supply of reserves. This entire process of affecting the supply of reserves to the public is what we call open market operations.
• Interest Rate: When the Reserve Bank lends money to other banks, it makes sure that those banks are financially sound. The Reserve Bank then lends the money to these banks at the most favourable rate. This rate is called MMR (Minimum Rediscount Rate). This MMR sets the bar for the rate regime in the money market. This rate is the affecting factor for the supply of investments, savings, as well as credit.
• Selective Credit Control: When there is a need to influence specific types of credit, this policy comes into play. Changing margin requirements are examples of this type of policy.