Coin Edition -
- Hayden Adams stressed the importance of treating tokens as more than mere points.
- He condemned the “farming the farmers” practice, where projects artificially hype token distribution to boost numbers.
- Adams’ commentary comes amid recent outrage over EigenLayer’s token distribution methods.
Hayden Adams, the founder of the Uniswap DEX platform, has outlined his perspective on ethical token distribution, offering eight key principles. Adams’ commentary comes amid recent community concerns over transparency in token distribution, particularly in light of issues raised with EigenLayer’s distribution methods, where industry pundits have labeled it a scam.
Adams began by highlighting the importance of treating tokens as more than mere points. Next, he condemned the practice of “farming the farmers,” where projects create hype around token distribution to boost user engagement artificially. He advised against making public speculations without concrete information and recommended withholding details until they could be fully disclosed.
Not aimed at any specific project, but have seen a ton of discourse recently on the topic so figured I’d share my take on good token distributions:1) tokens, not points2) don’t farm the farmers – teasing and creating ambiguity around a token distribution to grow your numbers…— hayden.eth