kaal:claim:4015908-014

The larger the market capitalization controlled by the DAO, the less likely it becomes that whales and insiders can purchase inexpensive tokens on the market.

Source quote, verbatim

The larger the market capitalization that is controlled by the DAO, the less likely it becomes that whales and insiders can purchase inexpensive tokens on the market.

From

Wulf A. Kaal, Fair Token Launch (2022), III.2.c(2) Liquidity, p. 9
https://ssrn.com/abstract=4015908 · source PDF

Cite as

Wulf A. Kaal, Fair Token Launch (2022). SSRN: https://ssrn.com/abstract=4015908

Holds when

DAO governance over project liquidity

Classification

mechanismsupport: argueddaogovernance-designdefieconomics

Verify

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