Year in Review
2023 was the year of establishing the $REGEN Tokenomics working group, conducting initial research, and building the foundation for collaborative governance. From June to October, we moved from initial conversations to regular weekly calls and set up the financial infrastructure for the group.
Jun-Sep 2023: Getting Started
After conducting a current research overview and talks with the leaders, the first version of the Regen Tokenomics Executive Summary for Funders was drafted.
- Presented on Commonwealth as well as on Community calls, Twitter space etc.
- Weekly REGEN Tokenomics Working Group calls on Tuesdays at 11:00am Eastern on Zoom, beginning in October
- Set up the fund as a DAF (donor advised fund) in SDG Impact Fund
- Biome Trust were the first to send $10k, with Foundation, RND and Cerulean with same commitments
- Plan to engage $100k over a year
October 2023
In October we did 4 sync calls, with 33 people participating in the calls (8-15 on the call on average).
This quarter the group worked on papers covering the $REGEN Tokenomics Research which captures the tokenomics dynamics and two focuses of discussion:
- Decreasing Inflation / Sales Pressure on the Token - analysis and proposals to reduce inflation
- Increasing the Token Demand through Service Fees - exploring fee and burn mechanics
With this work we intend to find the best leverages to the token price and better decisions over tokenomics overall.
Q4 2023 Reflections
The fourth quarter of 2023 was focused on establishing the regular cadence of the working group and diving deep into the tokenomics research that would form the basis for the group’s work in 2024. With 33 people participating across 4 sync calls in October alone, the group demonstrated strong initial engagement and interest in collaborative tokenomics governance.