Monthly Fees (Green) vs. Monthly Revenue Since Launch (Purple)

DeFi

Lido is a liquid stake solution that started with Ethereum and now supports four more proof-of-stake networks. Lido helps users stake their proof-of-stake coins and receive staked tokens (stToken) to use across various DeFi platforms.

There is a maximum supply of 1 billion LDO tokens as the native token of Lido DAO. With LDO, users can participate in governance, which allows users to gain control over the protocol parameters and treasury.

Lido Finance

After the genesis supply in June 2021, instead of issuing tokens every block like other Cosmos chains, Osmosis issues tokens at the end of each epoch (one day). Similar to Bitcoin’s halving method, Osmosis’ token issuance follows a ‘thirdening’ schedule. This means that the issuance level is cut by one-third every year. In other words, during the first 365 epochs (year one), the issuance of OSMO tokens was 300 million. During year two, starting on the 20th of June 2022, Osmosis will issue 200 million tokens. In year three, the amount decreases to 133 million tokens. With this method, the circulating supply will reach 90% of the total supply by the end of year 6. Nonetheless, this process will continue until the circulating supply reaches the maximum supply of 1 Billion OSMO.

This means that OSMO will be highly inflationary in the beginning but, over time, the issuance tapers off and becomes a lesser percentage of the circulating supply.

After the genesis supply, the issuance of the rest of the supply gets distributed on the following basis:

The current state of supply of the OSMO token is shown in the picture below gathered from 

. As we can see, around 47% of the total supply has already been minted and only about 23% of the circulating supply is liquid because tokens are locked in delegations, in liquidity pools, or belong to the community pool.

Diagram

Tokenomics 101 Article

Walkthrough Video

Osmosis is an app-centric chain and DEX build in the Cosmos ecosystem. The protocol is a trading platform and automated market maker (AMM) protocol that allows developers to build customized AMMs with sovereign liquidity pools. 

Osmosis DEX

Layer1

decentralised exchanges play an important role. Even more important if assets can be swapped cross-chain

The team has learned from the early hacks and exploits

Interesting token dynamics of pairing all tokens with RUNE, allowing for deeper liquidity pools

RUNE token is directly tied to TVL is an interesting concept. When TVL rises, the circulating supply of RUNE goes down. Equally, when TVL sinks, the circulating supply of RUNE increases.

Ecosystem around Thorchain is expanding which could help with TVL and general use of the system.


Tokenomics 101

Twitter Thread

Swap native ETH for BTC without intermediary. The RUNE token ties together a blockchain, liquidity providers and node operators to enable a decentralized Cross-Chain Liquidity Network.


The RUNE token supports the security of the ecosystem, is the liquidity matching token and incentivises PoS node operators.

Tokenomics Hub

Thorchain

Type:

Layer1

Token Strength

Our Take

Deep Dive

Resources

Lido Finance

Osmosis DEX