The Airdrop Economy: Strategic Questions Every Project Must Ask
What is the strategic framework every project needs, and the key questions about incentives? We explain the ongoing battle against Sybil attacks and discuss why there's no perfect solution.
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MEV: Not Suitable for Financial Markets
DRW founder Don Wilson's blunt critique of MEV cuts to a deeper flaw: blockchain market design has drifted into engineering complexity that extracts value without improving price discovery or capital allocation.