I don’t think this is true in a lending protocol context where the shared revenue is due to the LPs

…ethod is to divide revenue into two categories: protocol and LP (see Token Terminal for reference). Valuing a token by the revenue distributed to token stakers exposes LP revenue for what it really is — an operational cost.
Rethinking DeFi Tokenomics
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Will Comyns
Robert Greenfield IV
·Follow
Dec 31, 2022
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I don’t think this is true in a lending protocol context where the shared revenue is due to the LPs
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Written by Robert Greenfield IV1.5K Followers
·268 Following
CEO of Umoja Labs, Former Head of ConsenSys Social Impact, @Goldman Alum, @Cisco Alum, @TFA Alum, Activist, Intense Autodidact
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