GIỚI THIỆU VỀ TẬP NÀY
Olympus Dao introduced 1000+% APY through rebasing and many projects have copied the model.
This does not affect the value of the project, but rather that you have to lock it up to maintain the relative value of your ownership.
This concept confuses a lot of people and resulted in Redacted Cartel crashing in price when they removed this rebasing function despite it not reducing the value of the project.
In this episode, I explain what the rebasing function is and how it works.
http://redactedcartel.xyz/
What I cover:
00:00 Intro
02:08 Birthday cake analogy
07:00 Inflation
12:04 Concept of treasury
17:58 Concept of rebasing
21:08 Why I like Redacted Cartel
23:46 What I don't like about rebasing
28:11 Crypto treasury management
29:46 Final thoughts
31:34 Outro
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