This post will focus on the thesis behind the protocol. Furthermore, it will explain the design philosophy behind it, and question some of the assumptions.

Ever since we started brainstorming about the v3 and what an ideal tokenomics should look like and also learning from our experience with PILOT token, we started to do in-depth research into the tokenomics of other projects, and one model caught our attention which was the ve model especially the version that LIT developed.