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Tokenomics

Economic Security and its Memes

Jun 14, 2024 ⋅  8 min read

Researchers and developers hotly debated whether economic security is a meme or not. Our analysts, Kunal and Peter, add fuel to the fire. Kunal argues that economic security is a useful metric, despite its flaws. Peter argues that it is overrated when discussing a network's security.

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Kunal previously worked in equity research and now considers himself a financial analyst in crypto. He specializes in valuation and bottom-up analysis for Layer-1 and DeFi protocols because he has yet to learn of a way to value NFTs.

Peter is a Research Analyst in Protocol Services focused on Layer-1s. He recently graduated from Boston College where he studied economics and computer science and led the school's blockchain club.

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About the authors

Kunal previously worked in equity research and now considers himself a financial analyst in crypto. He specializes in valuation and bottom-up analysis for Layer-1 and DeFi protocols because he has yet to learn of a way to value NFTs.

Peter is a Research Analyst in Protocol Services focused on Layer-1s. He recently graduated from Boston College where he studied economics and computer science and led the school's blockchain club.

Mentioned in this report