it can be forever if the DAO decides. We don't know if it is the case that buyback and burns are an optimal mechanism for token value accrual. I would say there's almost certainly more optimal ways to do value accrual and committing to knowing the future in perpetuity is not a great idea. We have on
A DAO member discusses the suboptimality of buyback and burn mechanisms for token value accrual, proposing a one-year trial before considering alternatives.
it can be forever if the DAO decides. We don't know if it is the case that buyback and burns are an optimal mechanism for token value accrual. I would say there's almost certainly more optimal ways to do value accrual and committing to knowing the future in perpetuity is not a great idea. We have on
Thanks for checking this out. Yes the DAO has hard governance rights over the token economy. That gives us the possibility of optimising around value accrual strategies. The decisions are straight forward and relatively infrequent. We’re setting a 1 year window on this strategy for example. The DAO
