kaal:claim:3782216-007

The application that decentralized banking improves most is not currency tokens but reputation tokens, because reputation transactions such as voting and resolving validation pools are generated by every meaningful action.

Source quote, verbatim

The application that banking most improves, however, is not currency tokens, but reputation tokens. Reputation transactions include voting, resolving a validation pool and distributing the results

From

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021), Banking and ZKRollups
https://ssrn.com/abstract=3782216 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021). SSRN: https://ssrn.com/abstract=3782216

Classification

designsupport: arguedreputationtokenomicsdecentralizationsystemic-risk

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