kaal:claim:5454054-040

LER reduces holder churn by 20 to 50 percent, increases merchant throughput through revenue-generating redemptions, and democratizes capital access, all within a risk-lite framework aligned with the GENIUS Act and MiCA.

Source quote, verbatim

LER reduces holder churn by 20-50%, boosts merchant throughput, and democratizes capital access, aligning with U.S. and EU regulations.

From

Wulf A. Kaal, Liquid Equity Rewards (2025), Abstract, p. 1
https://ssrn.com/abstract=5454054 · source PDF

Cite as

Wulf A. Kaal, Liquid Equity Rewards (2025). SSRN: https://ssrn.com/abstract=5454054

Holds when

issuers operating LER within GENIUS Act and MiCA aligned designs

Classification

empiricalsupport: evidencedinstitutional-design

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