This post explores how to design an incentives program for Lido. Concretely, it focuses on a liquidity mining program to increase trading volumes of Lido’s liquid tokens, stETH and wstETH. We start by providing an overview of Lido. Then we discuss previous attempts at liquidity mining programs. And finally, we explore a framework to test and deploy such a program for Lido.
Tag: Incentives
This block post discusses the Qredo Network, a decentralized custody platform. They recently underwent significant tokenomics overhaul and, in this post, I’ll dive deep into the changes, the reasons behind them, and the technical methodologies employed.
In this blog post, I discuss a mechanism design project we did for the Saturn Network, a project started by Protocol Labs to bring fast and reliable access to content stored on Filecoin and IPFS. In particular, I explain how we defined the incentives for the network and how we built the Treasury module of Saturn (which is responsible for allocating rewards to network participants).