{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/5454054-013",
 "identifier": "kaal:claim:5454054-013",
 "text": "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.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Liquid Equity Rewards (2025). SSRN: https://ssrn.com/abstract=5454054",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Liquid Equity Rewards",
  "datePublished": "2025",
  "url": "https://ssrn.com/abstract=5454054",
  "sha256": "9f53a865e6f0e5424640779df8f9b50923cd7d05649301dd4cc727144749b6e6",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202025%20-%20Liquid%20Equity%20Rewards.pdf"
 },
 "keywords": [
  "economics",
  "defi"
 ],
 "about": [
  "total-addressable-market",
  "capital-reallocation",
  "fixed-income",
  "defi"
 ],
 "abstract": "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.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "empirical"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "evidenced"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "based on available market analyses as of 2025"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/fe11c91e38aa3a272c527fc13104df890dfb6817c35379f0545d9876b291c3b6.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "extended_by",
     "to": "https://wulfkaal.github.io/claims/5583610-033",
     "to_id": "kaal:claim:5583610-033",
     "similarity": 0.363
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "fe11c91e38aa3a272c527fc13104df890dfb6817c35379f0545d9876b291c3b6",
 "canonicalForm": "https://wulfkaal.github.io/claims/5454054-013.md"
}