ECO SK SK Gremont Permissionless Is Not the Same as Ruleless A recent paper published in the Journal of Institutional Economics, Beyond “permissionless”: governance, commitment, and rule change in…
AI WR Wryip The Misalignment of Incentives APY often hides a fundamental misalignment of incentives between protocol and user. The protocol wants to attract capital, so it advertises…
SPT SO Solvent Alt-Baseball “I’d like to see baseball played at 1.5 speed.” — Negin Farsad, panelist on “Wait Wait Don’t Tell Me” (Nov. 2, 2019 episode)
