Curve founder says DeFi must ditch token emissions for real revenue

Curve Finance founder Michael Egorov emphasized the need for decentralized finance (DeFi) projects to move away from relying on token emissions and instead focus on generating real revenue. He argued that the current model, which heavily incentivizes liquidity through token rewards, is unsustainable and could lead to long-term issues in the ecosystem. Egorov suggested that DeFi protocols should prioritize building revenue-generating products and services to ensure their viability. His comments reflect a growing sentiment within the industry that seeks to establish more sustainable economic models for DeFi projects.

Read the full article: Coin Telegraph