# kaal:claim:3249860-010

**Claim.** Increasing the commercial benefits attached to a token heightens the aggregate demand for that token's given supply, which is why benefit adjustment functions as a quasi-fiscal policy tool.

**Type.** mechanism  **Support.** argued

**Source quote.**

> First, the increase in commercial benefits associated with a token heightens the aggregate demand of the given token supply.

**From.** Wulf A. Kaal, *Crypto Economics - The Top 100 Token Models Compared* (2018), II.5 Fiscal Policy, page 10

**Cite as.** Wulf A. Kaal, Crypto Economics - The Top 100 Token Models Compared (2018). SSRN: https://ssrn.com/abstract=3249860

**Verify.** sha256 of source PDF `72b13f11002ba26206cd53e74c324b913d1830c642bfa024da6bac0d3af3a7b0` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202018%20-%20Crypto%20Economics%20-%20The%20Top%20100%20Token%20Models%20Compared.pdf

**Topics.** tokenomics

**Keywords.** fiscal-policy, aggregate-demand, commercial-benefits, token-design

**Related claims.**

- restates: https://wulfkaal.github.io/claims/3067615-011

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.
