Adjusting the commercial benefits of a token issuance lets the issuer avoid more drastic monetary interventions such as emergency sales, building token reserves, or changing the token supply in circulation.
Source quote, verbatim
Fourth, adjusting the commercial benefits associated with a given token issuance avoids more drastic monetary policy intervention by way of emergency sales, building token reserves, or a decrease or increase of token supply in circulation.
Wulf A. Kaal, Crypto Economics - The Top 100 Token Models Compared (2018). SSRN: https://ssrn.com/abstract=3249860
Classification
designsupport: arguedtokenomics
Related claims
restateskaal:claim:3067615-012 Adjusting commercial benefits associated with a token issuance is preferable to blunt monetary intervention, b...
extendskaal:claim:3067615-011 Adjusting the commercial benefits attached to a token operates as a quasi fiscal policy tool: increasing those...
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