kaal:claim:3782216-014

Reputation must be grounded to be meaningful, so reputation tokens should be minted only when policy premia enter the group, reputation should dictate power, and fees should be shared through reputation weighted salaries.

Reputation needs to be grounded to be meaningful, so reputation tokens should only be minted when fees (policy premia) enter the group. Reputation should dictate power in the group. So, reputation should determine how the fees are shared, through reputation-weighted salaries.

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

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

• design for an Underwriting DAO

designsupport: arguedreputationtokenomicsdaodefigovernance-designrisk-and-incentives

• extends kaal:claim:3396542-004 The reputation tokens of the underwriting DAO are separate and distinct from the cash currency that insureds u...
• extends kaal:claim:3396542-005 Tokens in the proposed DAO function as reputation because an agent's proportional token holdings will grow ove...
• specializes kaal:claim:3782210-015 Reputation tokens are meaningful only if grounded in something real, so in a profit-seeking DAO all new reputa...
• extends kaal:claim:3782203-036 Paying contributors in reputation tokens rather than fees, and then distributing all fees as a periodic reputa...

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