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Economics Design

Economics Design

By Lisa JY Tan
We talk about the design of economic systems. This could be video game simulated economy or real business world like frequent flyer points system or blockchain based token economy.

Want more in-depth content?
1) Support us on our Patreon: www.patreon.com/economicsdesign
2) (Textbook) The Economics and Math of Token Engineering and DeFi book.economicsdesign.com/
3) Academy: academy.economicsdesign.com/
4) Newsletter: economicsdesign.substack.com

Connect with us and the ED community:
Discord – discord.gg/ZqgpzdbZP2
Twitter – twitter.com/econsdesign
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Ep 67: Adverse Selection In Crypto | Valkyrie Protocol
Valkyrie Protocol is an activation protocol. Lisa tells you more! 00:00 Introduction & Highlights 00:56 Benefits Of Valkyrie Protocol 01:43 3 Highlights Of Valkyrie Protocol 02:46 Mechanism 03:33 Uses Of VKR 05:24 Functions Of Valkyrie Protocol 05:56 Are Incentives Aligned In The Protocol? 10:23 Opinions 12:00 More Resources & How to Support Us! Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign Want more in-depth content? 1) The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 2) Academy: https://academy.economicsdesign.com/ 3) New research site & dashboard: https://econteric.com/ 4) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
13:00
November 28, 2021
Ep 66: DeFi 2.0 Meets Tokenomics 2.0 | Economics Of Value Creation
How do we effectively create value in DeFi? How does Vesper move towards long-term value creation? 00:00 Introduction & Highlights 01:10 Purpose Of A Market 01:15 Context Of Value 02:45 Value Cycle 03:52 Balancing The Value Cycle 06:04 Case Study: Vesper Finance 06:59 Vesper Model 12:54 More Resources & How to Support Us! Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign Want more in-depth content? 1) The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 2) Academy: https://academy.economicsdesign.com/ 3) New research site & dashboard: https://econteric.com/ 4) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
13:55
November 17, 2021
Ep 65 :Tokenisation Of Big Data - Ocean Protocol
How do we protect our data? Can our data be traded? Can web3 be self-sovereign? Ocean Protocol might hold the answers! 00:00 Introduction & Highlights 03:17 Architecture Of Ocean Protocol 05:12 The Ocean Token 06:29 The Ocean Marketplace 08:07 Ocean Token Value 10:39 Data Tokens 12:11 Marketplace Architecture 13:39 Data Publisher Valuation & Data Token 14:42 Staking 16:55 Ocean DAO 19:39 Token Sustainability 21:10 Questions 31:39 More Resources & How to Support Us! Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign Want more in-depth content? 1) The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 2) Academy: https://academy.economicsdesign.com/ 3) New research site & dashboard: https://econteric.com/ 4) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
32:39
November 07, 2021
Ep 64: Economics Of Trader Joe - DEX On Avalanche
From a brand new AMM project with no initial funding, Trader Joe has gradually established himself as one of Avalanche's top AMMs. This video about Trader Joe and $JOE will give you all the information about: 00:00 Introduction 00:32 What is TraderJoe? 01:31 Trader Joe's Highlights 04:45 Products of $JOE 07:23 Token Design and Considerations 11:26 Opinions 17:06 More Resources & How to Support Us! Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign Want more in-depth content? 1) The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 2) Academy: https://academy.economicsdesign.com/ 3) New research site & dashboard: https://econteric.com/ 4) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
18:06
October 31, 2021
Ep 63: Crypto Renaissance - How We’re Building The Future Of Finance
From the past to the future, how can we build the future of finance using lessons learnt from before? Josh and Lisa discusses! Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign 00:00 Introduction 02:45 What History Has Taught Us 14:54 How Tokens Can Coordinate Market Creation 20:52 Dealing With Governance & Those Lagging Behind 34:27 Q&A 49:54 Final Thoughts 51:43 More Resources & How to Support Us! Want more in-depth content? 1) The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 2) Academy: https://academy.economicsdesign.com/ 3) New research site & dashboard: https://econteric.com/ 4) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
52:44
October 21, 2021
EP 62: Universal Bitcoin Income - Bitcoin As Stored Energy
Is Bitcoin a form of stored energy? Dave and Lisa discusses how universal basic income may be addressed using Bitcoin! Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign 00:00 Introduction 01:01 Interest In Bitcoin 02:54 Economy Is Energy 05:43 Traditional Energy Sources 07:58 Renewable Energy & Bitcoin 10:38 Bitcoin Mining & The Grid 18:37 Stored Energy & Distribution 22:28 Using Bitcoin As Energy Distribution 25.56 Energy As Universal Basic Income 28:30 Cypto vs Fiat Currency 34:37 Final Thoughts 37:40 More Resources & How to Support Us! Want more in-depth content? 1) The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 2) Academy: https://academy.economicsdesign.com/ 3) New research site & dashboard: https://econteric.com/ 4) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
38:41
October 04, 2021
EP 61: Antimatter, Does It Matter? | DeFi Simplicity
We take a look at how the Antimatter protocol can potentially simplify DeFi! Connect with Jack here: https://twitter.com/jack_venture Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign 00:00 Introduction 01:35 Conversation With Jack Lu 38:30 More Resources & How to Support Us! Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign  2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) New research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
48:04
September 27, 2021
Ep 60: We Found A Problem That Crypto Truly Solves | Public Goods & #DAO
We found a problem that crypto truly solves - public goods and #DAO! Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign  2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) New research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
01:09:43
September 20, 2021
EP 58 UPDATE: UST Is Not What It Is! This is not clickbait. I made a mistake. Updates here.
In the previous EP 58: Analysis of UST (TerraUSD) | Algo Stablecoin on Terra,, we mentioned that UST is 1% within the range but mostly outside of the $1±5% range. Turns out, we are wrong! This video is meant to correct the mistake. EP 58: https://youtu.be/w_AdzPFM58g Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign  2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) New research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
05:10
September 16, 2021
EP 59: Another Stablecoin? | All-Weather Stablecoin Gyroscope
Another stablecoin? All weather stablecoin with Gyroscope. Always stable. Please consider donating to help fund these educational videos: 0x6da9AAa73D39F3880119Fd20e6d6a2f65Dd44ABe or tip us at https://www.patreon.com/economicsdesign 00:00 Intro & Overview 03:58 Gyroscope Collaterals 09:16 Minting Gyro Dollar 10:42 Mechanisms To Maintain $1 Peg 11:58 Earning Yields 12:53 PAMM vs Underlying Assets 13:25 Gyroscope vs USDC 14:24 SAMM 16:06 Lines of Defence 14:55 Gyroscope vs FEI 21:45 PAMM vs SAMM 22:43 Designing Governance 26:23 Accruing Cashflow 27:16 Third Party Liquidity Providers 28:49 Is Gyro Dollar a Security? 29:18 Opinions 29:56 More Resources & How to Support Us! Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign  2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) New research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Spotify Podcast – https://spoti.fi/3wzDbXt Google Podcasts – https://bit.ly/ED-podcast Apple Podcasts – https://podcasts.apple.com/gb/podcast/economics-design/id1492490959 *Disclaimer* This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results. #economicsdesign #tokeneconomics #tokenomics #DeFi
30:28
August 24, 2021
EP 58: Analysis of UST (TerraUSD) | Algo Stablecoin on Terra
Many of you have been asking for an episode on UST, the algo stablecoin on the Terra network. So today, we take a dive into how UST works, how it is created, analyse its stability, and more. - Timestamps: 0:00 – Intro & Overview 0:51 – UST vs LUNA 1:14 – Classifying Terra 1:50 – $LUNA 3:05 – UST Creation 4:34 – 3 factors affecting Stability of UST 8:37 – Analysing UST Stats 10:25 – Analysing the Terra Ecosystem 12:06 – 4 Opinions 17:10 – More resources & how to support us! - Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) New research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ - Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign
17:41
August 01, 2021
Flashbots and MEV are a huge problem for DEXs. Here's why you should care. | DeFi Markets
Flashbots & Miner-Extractable Value are problems faced by decentralised exchanges (DEXs). In this episode, we explain what flashbots and MEV are all about and what solutions there are. We also explain in-depth the risks of ETH like front running, and several design flaws in DEXs. This recording was extracted from our free-to-join Discord lounge sessions. We host lounge sessions on Sundays, where we dive deep into such topics, and you get the chance to ask any questions live. We invite noteworthy guest speakers too. Do join our Discord channel to engage with the community! :) Discord link: https://economicsdesign.com/discord - Timestamps: 0:00 – Introduction to MEV & Flashbots 0:24 – Layer 1 infrastructure comparison: BTC vs ETH 1:36 – 51% Attack vs Front Running vs Forking 3:49 – Flashbots explained 7:06 – MEV (Miner Extractable Value) 8:12 – Other arbitrage opportunities 8:57 – Solutions to MEV 10:30 – 5 design flaws in DEXs 12:57 – Front Running & information Assymetry 14:55 – Impact of Economic Rent on DEXs 16:18 – Why Flashbots & MEV are a big problem - Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) New research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ - Connect with us and the ED community: Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign Discord – https://economicsdesign.com/discord
17:37
July 15, 2021
EP 57 LQTY Stable Coin | Solving Maker's DAI Problem and No Governance
Liquity presents a unique approach to decentralisation, without a governance token and several other notable features. In this episode, we dive deep into Liquity's mechanisms, economics, and what it means for the DeFi space. The chat segments are extracted from our Discord lounge session with Robert. We host lounge sessions on Sundays with guest speakers, absolutely free to join for the public, where we dive deep into such topics and you can directly ask any questions you may have. Do join our Discord channel to get the chance to interact with guest speakers directly! :) Discord link: https://economicsdesign.com/discord -- Timestamps: 0:00 – Introduction to Liquity 0:53 – Stablecoin Classification of Liquity 3:31 – How LUSD is created 4:21 – Uses of LUSD token 7:49 – LQTY token 8:52 – How does Liquity maintain stability 11:06 – Liquidation Mechanism in-depth 13:56 – Redemption Mechanism in-depth 17:24 – Zero governance 18:28 – Importance of decentralisation 20:05 – Opinions 23:03 – More resources & how to support us! p.s. Thanks once again to Fernando for processing the audio used here! -- Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) New research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ -- Connect with us and the ED community: Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign
23:37
July 08, 2021
Before you start an algo stable coin, listen to this | DeFi Markets
We have several recommendations to make, after all the research we have done recently on algo stable coins. To be specific, we have 3 recommendations regarding the secondary token, how to avoid economic exploitation, and the responsiveness to price action of the tokens. - Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) Check out our new research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ - Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign
06:05
July 04, 2021
Economic Analysis, Discussion & Observation on Algo Stable Coins | DeFi Markets
In our recent research on algo stablecoins, we found some imperfections in some of their mechanisms – namely economic misalignment and failure of coupons. In this episode, we analyze and discuss the impact of such failures. - Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign  2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) Check out our new research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ - Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign
05:33
July 03, 2021
EP 56: Iron Finance vs FRAX | 3 Reasons why IRON failed in its economics design
How did IRON Finance crash 100% within a day? What went wrong with its mechanisms and economic design, and how is it different from FRAX, which we recently reported to be the best among 8 different stable coins? We dive into the tragedy of IRON in this episode. Timestamps: 0:00 – Intro & Contents 0:32 – Iron Finance explained 1:13 – IRON vs FRAX 2:43 – Causes of failure: Uncontrolled Supply 4:07 – Causes of failure: TITAN & IRON relationship 4:44 – Causes of failure: TITAN Mechanism Design 7:31 – Three Opinions 9:31 – More resources & how to support us! _ Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) Check out our new research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ _ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign
10:21
July 01, 2021
EP 55: OHM OlympusDAO (3,3) | New Reserve Currency To Replace Bitcoin?
An algorithmic stablecoin that is not pegged to $1: How does OHM do it? What exactly are the inner workings in the OHM ecosystem and how can you take part in it? We explain in this episode! Timestamps: 0:00 – Introduction to OHM 0:58 – Classifying $OHM stablecoin 1:30 – OHM's Reserve & Algo mechanism 2:06 – No Peg Stablecoin explained 2:59 – Partial Reserve with DAI 3:30 – Zeus: What is $OHM? 4:05 – Stablecoin Creation 4:43 – Stability Mechanism 5:48 – Zeus: OHM Mechanisms 10:09 – Bonding vs Staking 12:19 – What is (3, 3) ? 14:10 – Utility of $OHM Token 15:02 – $OHM vs $BTC 16:39 – Explaining the Premium in OHM and BTC prices 18:25 – Opinion 21:29 – More resources & how to support us! Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign  2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) Check out our new research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign
22:01
June 29, 2021
How to "DYOR" for crypto stable coins | 3 Steps Economics Analysis | DeFi Markets
If you're Doing Your Own Research (DYOR) on stable crypto coins, this episode explains how to use quantitative and qualitative metrics to analyze them, the 3 types of risks to look at, and how Lisa & our research team applied these concepts to compare 8 different stablecoins in our research report of Apr/May 2021. The report can be downloaded for free over at econteric.com :) p.s. Thanks to Fernando for assisting with the audio processing for the episode!
10:35
June 28, 2021
EP 54: How to analyse token economics of Stable Coin | $FRAX Economics Analysis and Design
In this week's episode, we talk about FRAX, a fractionalised algorithmic stablecoin. Using the token economics framework that we have explained in other videos, we will analyse the token economics of the $FRAX stablecoin, perform stability analysis on it, and give some opinions about FRAX. Timestamps: 0:00 – Introduction & Contents 0:36 – What is Frax? 2:38 – Dual-Token Mechanism explained 3:34 – Reserve Mechanism explained 4:36 – How to create $FRAX stablecoin 7:11 – How to Maintain Stability 11:10 – Stability Analysis of FRAX 16:32 – Opinion: Elasticity in Collateral 17:15 – Opinion: backing by USDC Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) (Textbook) The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) Newsletter: https://economicsdesign.substack.com Connect with us and the ED community: Discord – https://discord.gg/ZqgpzdbZP2 Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign
18:32
June 13, 2021
EP 53: The Mechanism Design of Maker (DAI and MKR) | The OG #StableCoin
In line with our recent focus on stablecoins, today we're going to explore the OG onchain stablecoin: MakerDAO. We will dive deeper into the economics of Maker, and understand how the $DAI ecosystem works. MakerDAO is a novel and innovative protocol that allows for on-chain collateralised borrowing, while also creating a reasonably effective stablecoin. This gives the crypto community an alternative to fiat-backed stablecoins like $USDT. Furthermore, $MKR holders continue to make continual improvements to the protocol, that make MakerDAO better. MakerDAO is an alternative source of leverage. Because it is an alternative way to gain access to leverage for those who do not wish to custody assets with a centralised exchange. Borrowing from Maker could also be cheaper when stability fees are low. Any losses incurred by $DAI holders are backstopped implicitly by $MKR holders, who will be diluted in case the system as a whole becomes under-collateralised. This is a major advantage that Maker has versus other lending platforms on the market, where any losses are borne by the lender. 0:00 – Intro & Contents 0:34 – Analysing Maker 2:01 – Maker's Dual-Token Mechanism 3:42 – Maker's Reserve Mechanism 4:35 – Creating $DAI: How it works 6:47 – Maintaining Stability 11:40 – How Maker deals with market crashes 13:07 – Opinion: Maker vs Lending/Borrowing 14:38 – Opinion: Transparency 15:45 – Opinion: Multi-collateral & Past performance Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) (Textbook) The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) Newsletter: https://economicsdesign.substack.com Connect with us and the ED community: Discord – https://discord.gg/ZqgpzdbZP2 Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign
20:34
June 09, 2021
EP 52: Throw those 2017 notes away. This is how to understand Stable Coins in 2021.
Stablecoins are no longer what they used to be in 2017, as they have changed a lot from then till today in 2021. To understand how stablecoins are created and to compare different stablecoins, we must know 3 important characteristics: collaterals, mechanisms, and pegs — explained in this episode. Why do we care about stablecoins? Because finding a mechanism to maintain its peg is the first step towards creating a global currency instrument that is decoupled from the country-based economy. So, to figure out and experiment this mechanism, we explore the toolkit in #stablecoins. Think of them as the ingredients to the stablecoin recipe, in which you can tweak and play around with. The goal is to find a mechanism to create a stable asset as an output, so we can use this asset to trade and transact with economic agents in other ecosystems. Aka using USD to transact with someone in another country. Timestamps: 0:00 – Introduction to stablecoins 0:38 – Collaterals, Mechanisms, and Pegs 1:58 – 2017 Stablecoin Mechanisms 3:46 – 2021 Stablecoin Mechanisms 7:21 – Pegs 10:01 – Amount of Collaterals 11:55 – Types of Collaterals 12:39 – How they all work together 14:12 – The future of stablecoins 15:35 – Closing Follow us on Twitter and join our Discord to chat with us and the ED community.
15:49
May 29, 2021
EP 51: Understanding $ALCX (Alchemix) | A Unique Stable Coin with Limitations?
Alchemix $ALCX is a no-loss, yield-generating stable coin protocol with unique mechanisms that include real inflation in the ecosystem. In this episode, we speak to the co-founder of Alchemix, take a deep dive into how Alchemix functions, and the financial incentives of being part of the Alchemix system. We then discuss how it differs from other stable coins and what limitations ALCX could have. Timestamps: 0:00 – Introduction 1:10 – Background of Alchemix 3:04 – What is Alchemix? 4:56 – Stablecoin creation 8:26 – How is stability maintained 18:45 – Incentives and uses of ALCX Token 22:34 – Differences compared to other protocols 26:42 – Opinions and Limitations 31:45 – Ending Follow us on Twitter and join our Discord to chat with us and the ED community.
32:31
May 14, 2021
EP 50: $FEI, What Went Wrong? An Economics Explanation
FEI protocol had all of twitter talking last week.  Backed by significant VCs, this new algorithmic stablecoin mechanism, $FEI, managed to raise US$1 billion worth of Ether within the first 24 hours. And within 24 hours of launch, the price of $FEI dropped significantly, as did $TRIBE, the governance token.    So what went wrong? How did the economics model and incentive design fail so terribly? And what was the tipping point that caused this massive disaster? Today, we analyse the lessons to learn from $FEI, this new mechanism to create an algorithmic stablecoin.    Follow us on Twitter and join our Discord to chat with us and the ED community.
30:12
May 08, 2021
EP 49: 7 Changes in Uniswap V3 and LP Impacts | Decentralised Market Maker + CLOB
Uniswap is an Automated Market Maker (AMM). It allows users to swap any ERC20 token, using the liquidity pool instead of the order book. Uniswap is a 100% decentralised and permissionless protocol, operating on the following formula: x*y=k (called “constant product”).    TLDR: V3 update combines both decentralised market maker model with centralised limit order books.    Follow us on Twitter and Join our Discord to chat with us and the ED community.
27:18
May 07, 2021
EP 48: Building the Infrastructure of Web3.0. Explaining Handshake and $HNS Economics
Handshake (HNS) is a decentralised, permissionless naming protocol in which peers authenticate and are responsible for managing the root DNS naming zone to create an alternative to Existing naming systems and certification bodies.   Handshake is a domain name system which is support Web3. Web3 is about rearranging existing Internet products and services so that they benefit people rather than entities.    The data will still be used to drive decision-making but will not be used against consumers. Data rights will be protected instead of being trampled for profit. Incentive and marketable mechanisms will help ensure that information is reliable and verifiable.   If Web3 is successful, it will positively affect projects solving related issues, including  Handshake.   Join our discord to chat with us and the ED community:  https://discord.gg/gZGEZfu74X
30:05
May 07, 2021
EP 47: Experimenting Licensing as an NFT: EDBK Case Study
$EDBK, that means Economics Design Book. A very innovative name, I know.   The general idea is to:   Limit publishing rights of physical books to specific geographical regions   Price publishing rights in accordance to the perceived risks   Use the token to account for distribution of additional income   The main fear by publishing houses is to know the market demand for the book. Thus, $EDBK signals the demand to decrease information asymmetry. Since $EDBK is an NFT that represents the right to resell and publish the book, the only difference is in the details. For example, how long they have the rights for, the geographical area and quantity of books.   The price of the $EDBK is determined by a bonding curve. The earlier a publisher purchases the token, the cheaper it is. That means, they take on the risk to be the first mover and in return, pay a cheaper fee as a publishing house. As market demand for the book increases, this encourages other publishers to get the rights. Now, the publishers are certain about the market demand of the book and there is less risk to publish this book. Thus, they pay a higher fee to buy the rights to publish the same book.   The publisher pays royalties to the author, me, and keeps the mark up. Part of the royalties will be added to the pool and distributed to the $EDBK holders proportionally, including any other sales by the self-publisher (me). These rules and agreements will all be embedded into the bonding curve, via a smart contract.   Call out box: So, if you are a book distributor keen on participating in this experiment, please reach out to book@economicsdesign.com! Or if you are keen on distributing the books, let me know too   book.economicsdesign.com
12:39
April 30, 2021
Women in DeFi 2: Rug Pull Stories
In this episode we talk about rug pull with Emma Jane and Anna Vladi. Emma comes from an options trading background and now working on digital NFT, fashion, gaming and esports and Anna is building a new autonomous hedge fund in DeFi that is interoperable between chains and aggregates yield.    Rug pull is a big a risk in crypto. The general category of risk is Tech risk, Economic Risk and Price volatility risk and Rug pull exists in all these risks.    Rug pull also exists within NFTs especially when it's built on top of web2 systems with web3 architecture or rug pull by artists on Opensea and metadata on centralised servers.   How to prevent rug pull from team's perspective:   1. Use Multi sig wallet initially  2. Audit  3. Release dev in stages  4. Reuse existing contracts that's trialed and tested instead of building from scratch   How to prevent rug pull from investor's perspective:   1. Risk management. Think about tail risk. Think about black swan event. the asymmetric convexity of risks.   2. Careful where you put your money. anon vs non-anon teams  3. Get legal opinions of projects
50:21
April 23, 2021
Women in DeFi Fireside Chat. How to Bring Women into DeFi
In this episode, we chat with Zia Word (Co-Founder of Matter Block) and Anna Vladi (Co-Founder at Metl) and talk about Women in DeFi.
57:44
April 22, 2021
EP:46 Depreciating Licensing Model in NFT Ownership with Anthony Lee Zhang from UChicago Booth
NFT is not just about digital art and tokenising assets. There are so many more things we can do with NFTs, like embedding property rights, more efficient mechanism design of property rights allocation and balancing between the various types of tradeoffs. Today, we have with us Anthony Lee Zhang, assistant professor of Finance at UChicago Booth. He co-authored a paper with Glen Weyl on depreciating licenses (DL). Licenses are basically property rights, and NFT is about tokenising these property rights. (A chapter in the book) In Depreciating Licenses, Anthony and Glen came up with a simple game theory model of asset ownership. Basically you own a fixed percentage of the property and the remaining percentage is auctioned off or being sold each time period. In this way, it mixes both a full ownership model and full rental model. This is absolutely fascinating because in property rights allocation, we typically experience the trade off between investment incentive (owning the asset 100%) VS asset allocation (allocating to the best person who values the item the highest right now). With depreciating licenses model, this mixes both and balances the trade off. Join our NFT discussion channel on discord to ask questions and to learn more: https://discord.gg/6zKyFEyJ Also check out the Art is Always On Sale model with Simon de la Rouviere: [https://youtu.be/5WitN5bwfr8](https://youtu.be/5WitN5bwfr8) DL paper by Anthony Lee Zhang and E Glen Weyl: [anthonyleezhang.github.io/pdfs/dl.pdf](http://anthonyleezhang.github.io/pdfs/dl.pdf) Reach out to Anthony on Twitter: [https://twitter.com/AnthonyLeeZhang](https://twitter.com/AnthonyLeeZhang)
27:00
April 04, 2021
EP45, The Economics of Betting on NFT | Polygon (MATIC) NFT Infrastructure
This month is on NFT. We chatted about the economics of NFT, and the economics of NFT flipping last week. A few days ago, an art piece was sold at $69 million by Beeple (https://onlineonly.christies.com/s/first-open-beeple/beeple-b-1981-1/112924)! Of which, $9m is in fees. My mistake, that $9m is to Christie and not the network's transaction. In any case, transaction fees are still a problem. Not only is it expensive to buy an NFT (we mentioned this 2 weeks ago), but also expensive to MINT NFT. That might be causing the huge inflation in prices, since the fixed cost to mint the NFT is already high. Hence, I want to talk about Polygon ($Matic) today. Up to now, when the bottlenecks of the Ethereum network have not been fully resolved, Layer 2 solutions are showing their remarkable advantages. Formerly #Matic Network, #Polygon has great ambitions to deploy all Layer 2 solutions on themselves. NFTs are moving to Polygon because it is cheaper and faster. Also, the level of security on Layer 1 of Ethereum is good but not a necessary function. In this episode, we look at the 4 layers of Polygon and understand the quick dive into the token design! Donate here: https://gitcoin.co/grants/2054/economics-design-education
21:18
April 03, 2021
EP44: Economics of NFT Flipping with Kiefer Zang
This month is on #NFT. The hottest thing in NFT is how one can flip the NFT for insane profits. So today, we have Kiefer Zang, founder of NFT Flipping. Instead of talking about NFT flipping, we will focus on the economics of NFT flipping, the supply, demand and economics of why this is making sense. Enjoy!    Get the book at book.economicsdesign.com  Kiefer Zang from  www.nftflipping.com
25:50
March 17, 2021
EP 43: What is #NFT crypto? I The economics of NFT I NFT art and DeFi explained
NFT is the hype recently, powered by "non-crypto" influential individuals like Mark Cuban, Chamath Palihapitiya and Gary Vaynerchuk talking about it.    You might be thinking, "uhhhh virtual assets and digital assets exist. Why should I care about NFT?". Well, with the advent of blockchain (new technology), we take the existing assets (digital and virtual assets) and improve upon them!    NFT is one of the key foundations of the new digital economy, powered by blockchain. NFT has been tested in areas such as gaming, digital identity, licensing, certification and fine arts. Users can even split and proportionally own items of high value.   Today, we dive into what NFTs are, the economics of NFTs and how NFTs can be combined with DeFi.     Not all NFTs are created equal but refine the foundations and protocols that deliver true value to make the right "money-down" decisions. Get the book at book.economicsdesign.com
23:17
March 09, 2021
EP 42: Interview with #OPYN | oToken DeFi Options Model and Developments
Opyn is an open decentralised insurance platform built on Ethereum that allows users to protect themselves from certain risks they face in DeFi. Opyn is built with the Convexity Protocol, a protocol that allows DeFi users to create call and put options. Anyone can buy options ($oTokens) to protect themselves against DeFi risk. Users can also deposit collateral into a vault to mint and sell $oTokens, receiving a premium from protecting others.   Opyn's value is in creating an environment with many opportunities for value creation. One does not need to own the underlying asset and can simply trade the options contract in the secondary market.    $oToken is tradable in Opyn platform, Uniswap (V1) and 0x (V2). One of its specialities is the ability to combine option contract on one wallet address which will appeal to users.
29:04
February 28, 2021
EP 42: Economics of #OPYN Explained. And How OPYN Works | oToken DeFi Options Model
Opyn is an open decentralised insurance platform built on Ethereum that allows users to protect themselves from certain risks they face in DeFi. Opyn is built with the Convexity Protocol, a protocol that allows DeFi users to create call and put options. Anyone can buy options ($oTokens) to protect themselves against DeFi risk. Users can also deposit collateral into a vault to mint and sell $oTokens, receiving a premium from protecting others.   Opyn's value is in creating an environment with many opportunities for value creation. One does not need to own the underlying asset and can simply trade the options contract in the secondary market.    $oToken is tradable in Opyn platform, Uniswap (V1) and 0x (V2). One of its specialities is the ability to combine option contract on one wallet address which will appeal to users.
20:27
February 27, 2021
EP41: How to use option strategies in DeFi to reduce risk | 3 DeFi Options Strategies
Responding to the twitter poll, you guys want more finance and #DeFi explanations. So instead of assuming you know how to use #option strategies to help with risk management, let's do it in this video.    No overwhelm. Just simple basic strategies for now.   We cover 3 strategies today:   1. Covered call — think of it as being LP on HEGIC's platform   2. Married put — think of it as insurance for price falling   3. Bull spread call — think of it as LP on #HEGIC and insurance for price falling    Why am I covering this? Because next week's #OPYN's protocol has such strategies available. So it might be useful to understand them when we do the deep dive. It's better to explain to a few who don't know, than to assume everyone knows and skip this!
17:05
February 24, 2021
EP 40: Economics of POTION Explained. And How #POTION Works | POTION DeFi Options Model
Back to our theme of February, we are covering a new protocol, #Potion.    Potion is a decentralised protocol for creating price volatility insurance contracts that run on the Ethereum Blockchain. The protocol allows users to protect against discounts on any asset: $BTC, $MKR, $LINK, $ETH, $MKR, $BAT.   User can create their own contract with custom Number of Contract, Strike Price and Expiry Date.   The interesting part of this protocol is that it does NOT have a token!    Potion Protocol is currently in the development phase, with simple product structures making it accessible to everyone.   In particular, the calculation of the option fee is based on the actual volatility of the asset, or to internalise risk management for liquidity pools. Get the book now at book.economicsdesign.com I Pay with crypto and get 15% OFF
22:02
February 13, 2021
EP 39: Opium DeFi Options Review | Opium Token Economics and Token Staking | $OPIUM Game Theory
Financial derivatives are an important component of the financial markets, as they enable risk management. The decentralised derivatives market is expected to grow exponentially with DeFi's growth and, as a result, a widespread and robust financial infrastructure is required.   Opium is a financial protocol for decentralised financial derivative products. Opium Protocol is completely based on open-source software and smart contracts. In addition to conforming to values from the DeFi space and possibly incorporating DeFi currency market and protocols, the Opium Protocol is designed to also incorporate into the traditional financial sector and market participants.   Opium allows the creation, settling and trading of decentralised derivative products on Ethereum. Opium combines any Oracle with any financial tool (e.g.  Dapps can interact with Opium). Every position represented by a token can be traded, sent or stored.   Derivative instruments built on top of the Opium Exchange always have limited potential losses and gains. Through a $ OPIUM token and a DAO, the Opium Protocol and its ecosystem will, over time, be completely governed by everyone. Get the book at https://book.economicsdesign.com I Pay with crypto and get 15% off
26:16
February 10, 2021
EP 38: Economics of $HEGIC Explained. And How #HEGIC Works (visual explanation)
In traditional finance, one of the most important pieces of derivative products can be mentioned is options. Continuing on with our #DeFi options series, we will be sharing about #HEGIC, the top #options protocol by market cap.   A simple option is a contract that allows a holder to exercise a call or put option at a predetermined price in the future with the main purpose of minimising the risk (hedging) or speculation.   Hegic is a peer-to-pool option trading protocol that allows users to trade in options in a decentralised way.   Hegic works quite simply with the participation of two components, writers and buyers:   Buyers: who need to call or put option on Hegic. Buyers can customise parameters of Options such as expiry date, strike price.   Writers: Who sell call or put options to make a premium and to become a writer on Hegic users simply need to provide liquidity to the Hegic Pool.
46:49
January 29, 2021
EP 37: Introduction to DeFi Option Protocols #HEGIC #OPYN #OPIUM
DeFi and CeFi options are different. Especially since tokens are involved. Tokens are not involved equally; #HEGIC uses it for staking and governance, #OPIUM uses it as an ERC721 tradable options contract, #OPYN uses it as a collateral for underlying assets. The models and mechanisms are vastly different.    Today, we will cover the general model of how tokens are created, the value being accrued and the how tokens are being used in these systems. Learn more by getting the token economics book: book.economicsdesign.com
33:44
January 22, 2021
EP 36: Using Options as Volatility Hedge I DeFi Options Series
What are options?   Options are an agreement. Remember when you were young and you told your best friend "if we are both single by 40 years old, let's marry each other." It is an agreement to execute at that time.   Similarly, you have that for financial products. Instead of marrying, you buy or sell financial products at a specific price.    Why use options?   There are a few reasons to use options, mainly because it is part of a trading strategy and it can be quite cost efficient with limited risks. It depends on how you use the option.   Another way is to see option as an insurance via a long put strategy. We discuss that in the video too.    CeFi vs DeFi   More importantly, this is to build up towards DeFi options. How are DeFi options different? DeFi options has a protocol (and maybe tokens) to manage transactions and trade within the ecosystem. And that is what we want to look at in the next few episodes. Learn more about token economics and DeFi by getting our book: book.economicsdesign.com 
37:09
January 21, 2021
EP 35: [DeFi Options Series] Market Volatility vs Implied Volatility
In 2021, we will switch it up. Instead of videos in bits and all over the place, we will create a monthly theme. This helps to divide the content out into sizable chunks and digest the information much better. Too much info in 1.5h is a bad thing! In January and February, the theme is options. Specifically, DeFi options. In this episode, we kickstart 2021 with an episode on volatility. Volatility is important to understand what options are. Then, we can understand more about defi options. Options is not like AMMs. There is no "general" model to it, because options can be customised in so many ways. So, tokens relating to options are also very versatile. Hence, I will need 2 months to cover options, and for you to make sense of how we can apply tokens and economics to it. Get the book at book.economicsdesign.com
43:31
January 07, 2021
EP 34: Economics of Cross-chain DEX with Sifchain
DEX, AMM and bonding curve. Again, on this topic. I swear there is a lot of other innovation in the space too, but this week, I want to share something interesting with DEXes and their mathematical mechanism. You can guess that because we're having another whiteboard session! This week is a collaboration with block.science. And we will dive into Sifchain, a cross-chain DEX using Kosmos SDK that includes Layer 1 validation. 3 main things we will cover today:    1. Sifchain's rebalancing model for validators and liquidity provider ecosystems   2. How transaction fees are calculated. Specifically, we reference Uniswap's model (CMM, zero internal fee) and Thorchain (CLP, internal fees embedded) and learn about how it affects Sifchain's onchain transaction.   3. Asymmetric addition of tokens into liquidity pool and how this is different from the other DEX out there Specifically for fees, I want to stress that there are 2 types of fees — internal fees and external fees. - External fees are basically zero fee swaps in Uniswap, with a fixed fee per transaction. This is good for traders.  - Internal fees are fees embedded into the DEX swap. This is good for liquidity providers. Can you think why? Hint: because of impermanent loss! Supplementary reading:    1. More of the specific math models by Block.science https://sifchain.finance/wp-content/uploads/2020/11/The-Token-Economics-of-Sifchain-edited-2.0.pdf     2. Continuous liquidity pools by Thorchain (which I will do a video some day. It's in the list!) https://docs.thorchain.org/how-it-works/continuous-liquidity-pools
01:00:20
December 22, 2020
EP 33: True power of tokenisation.Combine derivatives and Repo to create interest-bearing FlexUSD
In this episode, we show the TRUE power of tokenisation.  How? Interest  earned from derivatives market and tokenise that mechanism.    The DeFi space is getting more complicated with the derivatives market  and bringing in elements of Repo into DeFi. Whilst this is really  extremely exciting, one problem is that it gets more complicated to  understand.    This is what I have been talking about! DeFi is the experimental field and we find the various ways to tokenise value add and bring this new model to traditional finance.   I'm so excited.  TLDR: CoinFlex uses Repo style mechanisms to earn the interest rates  from perp derivatives. The returns are real and is rewarded to FlexUSD  token holders. Thus, FlexUSD becomes an interest bearing USD on crypto.  Think of Aave, but instead of P2P, it's derivatives to spot.    Next step:   1) Start creating #FlexUSD here: https://coinflex.com/user-console/register?shareAccountId=1890   2) Allow the bot to do its thing and earn interest via USDC    Happy holidays 😉   In this episode, we learn in an "Explain Like I'm High-School" style of  What is derivatives and what is the difference in Crypto  What is Repo What is interest bearing FlexUSD? Where is interest coming from?  How do I cash out the interest?  What are the risks involved?  How can I get started with FlexUSD?
38:51
December 07, 2020
EP 32: ELI5 15 DeFi and Crypto Terms || Human Glossary
As much as I want to say DeFi and crypto is easy to enter, it is not  easy to fully grasp and understand it.  First you need to understand  technology. Then to understand math, finance and economics.    This podcast is to help you bridge the learning gaps. A subscriber (shout out to Magnus) mentioned that a general ELI5 episode would be good  to run through the few common terms.     Here, I've picked up 15 terms that are commonly used. Instead of giving  you the "just google what it means" term, this is an ELI5 explanation  with human explanation. That's the best way to learn, in my experience.     15 terms we run through and explain:     *General Classification*  1) Layer 1 2) Layer 2 3) Dapp     *DeFi General Terms*   4) DeFi 5) Money Lego 6) Compostability    *Scalability Problem + Solution*  7) Scalability 8) Sidechain  9) Roll-ups    *More Technical Elaboration*   10) ZK roll-up  11) Optimistic roll-up 12) ZK-SNARKS    *Other Terms*  13) Quadratic Funding 14) Flash loans 15) Front Running My textbook for economics and math of defi and token engineering it now out for preorder! Get it at https://book.economicsdesign.com/home/
30:18
November 23, 2020
EP 31: Bonding Curve Application on Social Community Tokens | NFT
What are social tokens? What are community tokens?  This episode, we  speak with Alex Masmejean to dive into the topic.     Social tokens can be split into 2 categories: community tokens  (signalling reputation) and personal tokens (investing in a person).     Topics we cover:  Bonding curve*: 7:23  Coordination vs speculation management via Treasury: 16:20  Revenue generation into bonding curve: 20:15   Risk in social tokens is promoting bad actions: 20:30  Onchain-offhchain data integration: 28:38  Tokenising future cash flow of artists. How value is justified?: 32:00    Reputation in social tokens VS loyalty points: 38:30  Reputation in social tokens vs #NXM: 40:15  Value generation: how to increase economic value of social token (utility vs dividend): 42:25  Basic legal framework to distribute value: 45:00  1 advice to social token designer: 50:55    *NOTE: The bonding curve mentioned by Alex for uniswap is misleading. The uniswap model is not exactly linear.    
52:29
November 12, 2020
EP 30: Insurance for Impermanent Loss with Bancor V2.1
I started looking at Bancor years ago, because it had the same name as the world currency John M. Keynes had in mind. Their math fascinated me, and that's how I got started with the AMM rabbit hole! The Bancor V1 token economics analysis report (https://www.economicsdesign.com/portfolio/bancor/) is about how Bancor works and what the token does. Bancor has been working on a few improvements, from price slippage issues to impermanent loss. V2 of Bancor was about dynamic weight, which is something really fascinating. But let's focus on their latest update, V2.1. V2.1 follows the static 50-50 weight as V1, aka the Uniswap style. The new introduction is the insurance for impermanent loss. So you will have ZERO impermanent loss. You get subsidised for any losses sustained. How does that work? Let's find out in this episode. We will also cover the supply of $BNT based on the various actions in the ecosystem and how that indirectly affects the price of $BNT. Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com!
45:48
November 06, 2020
EP 29: Full Interview with Tyler Ward from BarnBridge [BONUS]
You've listened to the episode on BarnBridge, how it works and suggestions to  be made.     Here's the full interview with Tyler Ward, as he explains what they are doing,  what they can do in the future and how the tokens in Barnbridge works.    Enjoy! The summary version with the product economics is the previous episode before this.  Want more in-depth content? Join our patreon for premium content at www.patreon.com/economicsdesign
01:19:34
October 31, 2020
EP 29: Token Design and Financial Design of BarnBridge
BarnBridge is a new defi product in the market. Unlike the existing defi  products, BarnBridge goes to a new level of mixing the various existing  protocols.     This is unlike the usual episodes we cover. Usually, it's very economics  design focused. This time, it's more of financial design focus. This is  still relevant to economics, in terms of financial economics.      In this episode, we dive straight to:     - 4 tokens in BarnBridge and comparing them   - Governance structure in #BarnBridge  - Comparing them with existing protocols like $YFI, $AAVE, $SNX   - Understanding the products in BarnBridge  - Sharing 3 suggestions for improvements      Want more in-depth content? Join our patreon for premium content at www.patreon.com/economicsdesign
44:14
October 26, 2020
EP 28: Economics of Nexus Mutual (2/2) $NXM
Today, we continue part 2 of the economics of insurance. This episode is  a deep dive into Nexus Mutual, $NXM. I'm not saying that DeFi is all  about bonding curve....... but I'm 100% going to talk about bonding  curve.     **Note: This bonding curve is DIFFERENT from the AMM bonding curve!      Watch the previous video if you have not done because this is part 2: https://www.youtube.com/watch?v=i97PVvQrcnc      This episode, we cover the general workings of Nexus Mutual and how they  used token to align incentives of the various agents: risk assessors,  claim assessors and insurance cover buyers.     More importantly, we also dive into the math of Nexus Mutual and answer  the questions about the monetary policy of $NXM. The why and how things  are affected in the curve.     In general, we follow the economics design framework, looking at Market  Design, Mechanism Design and Token Design aspects of the token. Enjoy!     Want more in-depth content? Join our patreon for premium content at  www.patreon.com/economicsdesign
01:27:00
October 17, 2020
EP 27: Flash Loans & Credit Delegation 101
Crypto/DeFi is more than just the economics, mechanisms and code driving it. One of the other cool things is the innovation in business logic, systems and products. Being in the digital space opens up more opportunities to mitigate inefficiencies and create ways to increase value-add. Today, we are joined by Victor Lee, the CEO of Bitcurate. In this episode, we will dive into flash loans and credit delegation, new innovations by Aave, made possible with the composability of DeFi dapps. Stacking one protocol on top of another, such innovative products can bring some real value-add to the system! Topics we covered What are flash loans? Economic value-add of flash loans Use-cases of flash loans Are flash loans all risk-free? Where is the risk? Flash loan as a trading strategy Credit delegation — the benefits, the risks and the economics Flash Loans beyond Ethereum Flash Loans beyond DeFi — traditional finance and within crypto What should one know to get started with flash loans? Advice to economics designers when building ecosystems Want more in-depth content? Join our patreon for premium content at www.patreon.com/economicsdesign
33:53
October 08, 2020
EP 26: Economics of Insurance Industry (1/2) | Nexus Mutual
The insurance business is one of the oldest in the world. Today, it's  worth over US$5 trillion.  Online insurance is only capturing US$31  billion. And in crypto, it's even smaller. That spells opportunities x1.     The insurance industry is so inefficient. That spells opportunities x2.    In this video, we dive into the economics of insurance. This helps us to  better understand Nexus Mutual, when we do a deep dive in the next  video!   In the economics of insurance, we cover the Economics of Signalling,  Economics of Moral Hazards, Principle-Agent Relationship and Law of  Large Numbers.    Quick navigation:  1. Inefficiencies in insurance: 02:55  2. Economics of Insurance: 12:04  3. Risks in DeFi/Crypto: 32:21  4. Risk Sharing Model of DeFi: 48:54  5. (High level) Economics of Nexus Mutual: 54:51    Want more in-depth content? Join our patreon for premium content at  www.patreon.com/economicsdesign
01:08:56
October 01, 2020
EP 25: 2 Risks in DEX, Price Slippage and Impermanent Loss
DEXes are eating up the trading volume of centralised exchange. We covered many areas of DEX, from understanding the mechanism behind to understanding the various math formulas. In the comments, people were asking how to calculate impermanent loss and the risks available. So in this video, we cover 3 main things: What is the general formula for AMM What is the risk of trading within AMM (aka when you are a trader) What is the risk of adding liquidity in AMM and there is a price difference outside (aka when you are a liquidity provider) Apologies for the late upload. I'm a few days behind. Just being slightly busy right now. But I'll promise to continue uploading videos, content and explaining the math so it helps you to make informed decisions. Want more in-depth content? Check out www.economicsdesign.com 
29:04
September 20, 2020
EP 24: A Special Episode on Ponzinomics in Defi and Crypto
The plan for this week is to do a deep dive for Sushiswap. But friday happened and the weekend happened. A lot of gains is swiped out in the S&P financial market and defi financial market. And since the video on "Why DeFi is more than just a Ponzi Scam" has gotten quite a bit of traction, I figured it's good to talk more about Ponzinomics. For Sushiswap, the video will still be produced, with my hypothesis and analysis of the future of $SUSHI. It will be available to premium subscribers on Patreon, so do subscribe to our patreon to support these content! In this episode, we chat about what is ponzi in defi, what ponzinomics really is about, the 10 ponzinomics mechanisms, 2 case studies of scams and how you can protect yourself from ponzinomics scams! Quick navigation: What makes it a ponzi scam Ponzinomics 10 Ponzinomics Methodology How to protect yourself YFFI scam Sushi scam…? How to protect yourself Want more in-depth content? Support us on patreon at www.patreon.com/economicsdesign
42:30
September 10, 2020
EP 23: How to use Bonding Curve Beyond DeFi
We've talked about bonding curves so many times. You'd think I've  exhausted the content. HAH! Not a chance.    Today, we have with us Jeff Emmett from the Common Stacks team, sharing  with us about augmented bonding curves, generalised bonding curves and  various "behind the scene" concepts of bonding curves.    Absolutely follow him on twitter at https://twitter.com/jeffemmett.    Want more in-depth content? Sign up at our Patreon at https://www.patreon.com/economicsdesign
37:47
September 03, 2020
EP 22: NFT, Bonding Curves and Harberger Taxes w Simon de la Rouviere
Today, we have a guest on our episode, Simon de la Rouviere. He's known to start talking actively about bonding curves and it's making a huge impact to the future that we are building — #DeFi and crypto. Things we covered: What are Harberger Taxes Evolution of "Art is Always on Sale" V1 vs V2 Patronage as an asset class Taxation and its impact on time horizon of holding assets Relationship between art work and incentive to artist Bonding curve with NFT via a price floor Utility as a marginal incentive function in bonding curve Various curve relationships between art and prices Governance in NFT Sustainable funding and efficient economy for artist Combining DeFi with Bonding Curve for collectible art and virtual assets Bonding curve uses in personal tokens 2 advice to economic and system designers Some links on the things we talked about: Radical markets [Book] — https://amzn.to/31wRteX Cadcad [Programming] — https://cadcad.org/ Wild Cards [Project] — https://devpost.com/software/ethcapetown_wildcards This Artwork Is Always On Sale v2 — https://blog.simondlr.com/posts/this-artwork-is-always-on-sale-v2 Exploring Harberger Tax Rates in Virtual Collectibles & Patronage Markets — https://blog.simondlr.com/posts/exploring-harberger-tax-in-patronage-markets Patronage As An Asset Class — https://blog.simondlr.com/posts/patronage-as-an-asset-class Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com!
34:57
August 27, 2020
EP 21: What is Ampleforth? The Economics Design of AMPL Token [Case Study]
What is Ampleforth? What is supply elasticity? Why do I have more tokens and suddenly less tokens? Where does Ampleforth come in, in the #DeFi space? How does Ampleforth work?! I don't understand Ampleforth! Fret not, let's start Season 2 with a deep dive and case study of Ampleforth, using the Economics Design framework for tokens. Things covered: What is Ampleforth Objective of Ampleforth Token function AMPL vs AAVE AMPL vs COMP AMPL vs USD Economics design framework Main USP of AMPL What is Synthetic commodity money Economics utility vs financial utility of AMPL How AMPL works using example of hot and cold water Monetary policy of Ampleforth Graph analysis of AMPL Valuation model for AMPL Global trade impacts of AMPL Distribution and allocation analysis of AMPL Want more case studies like these? Subscribe to the premium version of the Patreon to unlock bi-weekly videos like these!
01:11:56
August 23, 2020
EP 20: Fundraising Mechanism with Bonding Curve (4 Use Cases)
We've covered about bonding curves and the various incentive mechanisms that you can bake into the curve. This episode, we focus on using bonding curve as a way to fundraise for your project. Fundraising with tokens doesn't always mean that the token is a security. It can also be a utility. Here, we share 4 use-cases of how bonding curves are used in fundraising. Unlike autonomous market maker, there is no general model to follow. Quick navigation: Bonding curve in AMM vs Fundraising: 00:56 Utility token vs Security token in fundraising: 04:06 Bonding curve application in fundraising: 04:52 Utility token: 09:34 Use-case 1, Giveth platform: 10:08 Use-case 2, Aragon platform: 14:17 Use-case 3, Molecule platform: 17:04 Security token: 27:57 Use-case 4, Fairmint platform: 28:15 Application: 32:41 Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com! Use EARLYBIRD for a discount. 
37:27
August 07, 2020
EP 19: Token Bonding Curve Algorithms for Autonomous Market Makers (DEX)
The podcast version has no images to follow, unlike the YouTube channel. So it's easier! 🥳  In Part 1, we covered the basics of token bonding curves and understand how the shape of the curve affects the incentive mechanism. In this episode, we look into the application of token bonding curve in decentralised exchanges, DEX. Specifically, the use case of Autonomous Market Maker. We dive into 4 case studies: Bancor, Uniswap, Balancer, Curve The concept of token bonding curve in this 4 DEXes are the same. But the application of how the token bonding curve algorithm is built is different. So we uncover the 4 various algorithms used in the 4 different token bonding curves. Quick navigation: Addressing 3 issues of previous episode: 00:26 Content we will be covering: 05:40 SUMS of token functions: 07:11 TBC in Stable tokens (pegged tokens): 09:17 TBC in Security and Utility tokens: 10:35 TBC in Autonomous Market Maker (AMM): 11:42 Why AMM in Decentralised Exchanges (DEX): 14:39 Which DEX that use AMM: 17:03 Math concepts of Bonding Curve in Autonomous Market Maker : 18:13 General bonding curve in AMM: 23:03 Case study 1, Bancor: 26:41 Case study 2, Uniswap: 34:25 Case study 3, Balancer: 40:18 Case study 4, Curve: 46:29 Application to projects: 50:07 Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com! Introducing an early bird discount before I refilm all the episodes. You will still get access to the new episodes when it's done! Use code: Earlybird to get 25% discount. Parts will be available on Economics Design soon, when I launch the premium version on 31 Aug 2020.
48:57
August 01, 2020
EP 18: Token Valuation with Token Bonding Curve
⚠️ PSA: This podcast episode is different from the YouTube channel. This removes the maths and graph, as it requires visualisation. Please check out the YouTube version for the graph. Otherwise, this episode is good enough to have you an in-depth explanation. ⚠️  This is a 2-part series. Part 1 is on the economics and math of TBC and how the curve functions affect the incentive mechanism and what governance can we embed into the function. Part 2 will be on using these functions in projects, and taking a dive at a few projects. The episode is split into 2 because it gets quite heavy to digest all the information at once. So part 1 is the more math-y part, for you, as economics designers to grasp. And part 2 is the more application-y part, for you, as economics designers to know how to use it. After all, knowledge is only valuable when applied. Enjoy this first part. We understand token bonding curves, the benefits, where the value accrual is derived from and the various functions to consider. As much as I wish there is 1 perfect function, the functions really depend on the objective of your system and what it wants to incentive or govern. So choose wisely and have fun playing with graphs! Application to token economics framework: 00:38 What is token bonding curve: 03:53 4 properties of token bonding curve: 07:50 Use-cases: 11:38 Where does value come from: 13:37 Risks and ways to mitigate risks: 18:09 4 math functions: 19:30 How to calculate total cost of tokens: 28:39 Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com!
31:01
July 23, 2020
EP 17: What makes good token economics, so investors will invest in it?
In this episode, we interview Arthur Cheong, a DeFi investor. He's on Twitter as @Arthur_0x. From the perspective of an investor, who invests in tokens and token projects, we uncover what are the key aspects in token economics that he is concerned with. He also shared his top 3 projects with good token economics, opinions on yield farming and advise when designing tokens.  Spent 2 full days on the audio 🙃 This specific episode is best viewed on YouTube with subtitles.  Quick navigation: What makes a good token: 1:04 3 Projects with good token economics: 3:38 Tokens as equity: 8:57 Retalisation trend in DeFi: 11:47 Factors for due diligence: 13:04 Yield Farming: where is the economics value?: 16:05 DeFi moving forward: 20:08 3 tips for token designers and economic designers: 27:14 Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com!
27:12
July 16, 2020
EP 16: Tokens with Programmable Rules - Leveraged Tokens (E.g FTX)
Alright listen up guys. Now is the best time for #STONKS. Memes aside, new token design are constantly entering the space. As DeFi continues to mature, I think we will start to see more sophisticated tokenised products with mathematical programmable rules embedded in them. How is now not the best time to be alive! This episode, we dive into leveraged tokens. Using the token economics framework, we uncover the economics behind leveraged tokens, using #FTX as an example. Some simple math are involved. But don't worry. It's all fun and games. Caution: this is a high risk product! Don't stonk your lives away ok. Level up with #TokenEconomics course: https://education.economicsdesign.com/
43:03
July 09, 2020
EP 15: Yield Farming Economics. Good bad ugly
Yield farming is all the type right now. We talked about the international gold (bitcoin) standard and this week, on farming. I guess history really repeats itself! This week, we share about 4 projects using yield farming, and breaking down the economics of yield farming and token design. Whilst yield farming is a great way for your project, consider the bad and ugly too, if you decide to implement it in your project. Quick navigation: What is yield farming: 00:53 Projects using yield farming mechanism: 03:21 Yield farming hacks: 09:05 Good, Bad and Ugly: 14:05 Economics of yield farming: 20:40 Applying to projects: 29:56 Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com!
31:24
July 03, 2020
EP 14: Why Bitcoin will NEVER be an international currency
We've talked about how bitcoin accrues value. Now, here's why bitcoin will only remain as a P2P currency but never play a role in the international monetary order. In this episode, we will understand the various international monetary order, the lessons learnt and what does it mean for an international monetary order moving forward. And in this process, figure out where #Bitcoin plays a role and how it is possible to have a small part of the international monetary order. Quick navigation: Short answer in 30 seconds 1:20 History of international monetary order 1:53 Lessons learnt from it 26:43 Bitcoin's possible role in the international monetary order 28:54 Why Bitcoin will never be an international currency 36:25 Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com! Currently having a discount.
39:32
June 25, 2020
EP 13: How Money has Value (3-step Process)
You've probably heard enough about the whole argument of "money used to be gold". In this episode, we will uncover the fundamentals of how money accrues value from 2 perspectives — metallism and chartalism. Quick navigation: How money is created (Metallism vs Chartallism) 01:34 3-step process to legitimising money 10:20 Application to cryptocurrency 12:30 If you are keen to learn more, we are currently having a discount for the Token Economics Blueprint course! It's a 10 lesson session and you can choose which section you are interested in. Total lesson time: 15 hours. Join our Token Economics 201 course at www.education.economicsdesign.com!
22:56
June 11, 2020
EP 12: Economics of DAO, the Future of Governance and Liberty
In the midst of #blacklivesmatter, protests in Hong Kong and protests  all around the world, this is one the beginning of change. The change is  governance, and how we govern in the future.      Moving towards a digital landscape, we can now tap into new  opportunities like decentralised governance and decentralised  organisations. This episode, we explore DAO, the future of governance  and liberty.     DAO means decentralised autonomous organisations. It can exist on  blockchain and non-blockchain platforms.      This episode, we will cover:    What are DAOs  Why are DAOs important  Economics of DAOS: Economics of trust, Economics of coordination,  Economics of allocation    Types of DAOs in the space today      We share about the various projects    #PieDAO #MolochDAO #KyberDAO #MakerDAO #DASH #LAO    Want more in-depth content? Join our Token Economics 201 course at  www.education.economicsdesign.com! (Currently having a discount!)
16:05
June 04, 2020
EP 11: Token Economist Explains How To Design Digital Economies with Tokens (Tokenomics)
Whilst there is no holy grail of model to design token economics, there is a framework that you can use. I developed this after researching for 2 years. Basically deconstructing economics to its principles and then using that to apply to the new world order that governs our lives today. Ps: Am I speaking too fast and should I slow down? Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com! Watch on YouTube for visual learners and Substack for those who prefer TLDR reading.
32:01
May 27, 2020
EP 10: BUY or BYE-Nance? Binance BNB Token Economics Case Study
Trying a new format for videos. Let me know if you prefer this format or the previous ones! This is a case study of Binance's native token, BNB. Bookmarks so you can jump to your preferred sections: Quick PSA on the term "token economics": 00:51 // Market design of BNB token: 01:22 // (Token Design) Token structure: monetary policy and valuation: 04:14 // (Token Design) Financial incentives of BNB tokens : 11:12 Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com! Watch on YouTube for visual learners and Substack for those who prefer reading.
16:38
May 23, 2020
EP 9: Design your successful token economics with Market Design in 3 ways
Often, we like to think that token economics is all about the token. That is not true. It also comes with the design of the environment, which the token exists in. And that's market design. In this episode, we uncover what market design is, what are the 3 aspects to consider and examples of how they can be applied when you design your token ecosystem. Want more in-depth content? Join our Token Economics 201 course at www.education.economicsdesign.com! Watch on YouTube for visual learners and Substack for those who prefer reading. 
22:21
May 14, 2020
EP 8: Bitcoin's Monetary Policy and Implications of the Derivatives Market on 2020 Block Reward Halving
This special episode, we will look into the case study of Bitcoin and uncover its monetary policy and implications to pricing in the 2020 block rewards halving. With the reduced selling pressure, increased sellers inelasticity, reduced inflation (due to stock-to-flow ratio) and derivatives, this 2020 bitcoin block reward halving could see a different volatility in the market. Watch on YouTube for visual learners and Substack for those who prefer reading.
28:01
May 10, 2020
EP 7: Real Underlying Issues and Problems in Libra Network
In this episode, we will unbox the problems, questions and analysis of Libra Network. We will share about the reason Facebook is entering the financial space, how Facebook is looking to extract more value from its platform, the blurred line between government and firms, impact on the Libra coin for retail and institution users. Libra is not just about world domination with money, but how do we build a better financial infrastructure for the future. We have to understand the causes and effects of the design and find solutions to the existing problems. So we do not bring the same problems into the new digital space. Remember to subscribe on YouTube for visual learners and Substack for those who prefer reading!
28:58
May 06, 2020
EP 6: Facebook Libracoin Economics, solution to financial issues or another overpromise?
In this episode, we will unbox the economics design of Facebook's Libra network. Applying the token economics framework, we will analyse the economics design of Libra coin based on the new Libra Whitepaper 2.0. Remember to subscribe on YouTube for visual learners and Substack for those who prefer reading!
33:12
April 28, 2020
EP 5: Token Economics Principle 2, Supply and Demand
In EP 4, we covered behavioural economics, which is principle 1 in token economics. Today, we will come back to the basics of supply and demand. Why we need it, how to govern it and how can we apply to the token economics that you are building.
35:45
April 21, 2020
EP 4: And The Key To Token Success? Behavioural Economics
So far, we focused on classic economics and how we can apply classic economics into the design of economics systems. In this episode, let's talk about a key underlying principle to manage the ecosystem, behavioural economics. Economics design of the crypto ecosystems are in 2 layers. Layer 1 on classic economics and beautiful mathematical formulas. Layer 2 on behaviours of participants and actions. In this episode, we will dive into What behavioural economics is Why are we like that? Why are we so prone to influence? How can we apply behavioural economics applied to token economics? 👀 Watch on Youtube: https://www.youtube.com/channel/UC-o87lCF9HaEuj0R-3VT1yg 🗞Subscribe to Newsletter on Substack: https://economicsdesign.substack.com
25:43
April 10, 2020
EP 3: Economics, Reinventing The World
Previously, we looked at the economics design of a video game, as well as what we can learn from viruses that are applicable to economics design. In this video, we take it one step further and look at token economics, as well as how it is redefining the future of the world we live in today. The beauty of token economics is that its possibilities are endless. From art to buildings, the way we invest in assets could be completely redefined with the arrival of tokenisation. The act of tokenising assets has threatened to disrupt many industries in many disciplines, in particular the financial industry. As a designer of the ecosystem and token, there are countless ways to manage the demand and supply of tokens, with the goal being to maximise the value of your tokens in the primary market. As we enter a more data-centric world, we can engineer designs to serve the outcomes we want. Token engineering and token economics are just going to continue increasing demand in this space, and what we optimise as well as how we optimise, is going to keep changing and evolving. 👀 Watch on Youtube: https://www.youtube.com/channel/UC-o87lCF9HaEuj0R-3VT1yg 🗞Subscribe to Newsletter on Substack: https://economicsdesign.substack.com
21:28
April 03, 2020
EP 2: CoronaVirus and Evolving Economics Design
We can learn so much from biology and how it adapts to changes in the environment. Taking the lesson from Coronavirus, I'm keen to figure out the mechanisms in which viruses adapt and mutate as a result. In this episode, we want to answer 3 fundamental things: 1. What drives evolution? 2. What role does the environment play in evolution? 3. How can we apply this to designing complex evolving economic systems?
29:09
March 26, 2020
EP 1: I tried to manage animals in Planet Zoo?
This is the first episode to Economics Design 1. Think it is not relevant to you? If you have ever sold tickets to an event, collected points for a membership, or done management of a space or any sort - economics design is more than relevant to you!  In this episode, Lisa tells us how to design a working economics system within a zoo. Tell us what do you want us to try next?
47:60
December 19, 2019