The total addressable market for LER exceeds $1 trillion, driven by the great reallocation of capital out of underperforming fixed income into equities and DeFi.
Source quote, verbatim
Based on available market analyses, the TAM for LER exceeds $1 trillion, because of the "great reallocation" of capital from underperforming fixed-income assets to higher-yielding alternatives like equities and DeFi.
Wulf A. Kaal, Liquid Equity Rewards (2025). SSRN: https://ssrn.com/abstract=5454054
Holds when
based on available market analyses as of 2025
Classification
empiricalsupport: evidencedeconomicsdefi
Related claims
extended_bykaal:claim:5583610-033 The convergence of tokenized governance with a $10 trillion capital shift out of fixed income positions LER to...
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