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Measure → Capture → Distribute 🔺 The Avalanche Foundation joined The Block's Layer One Podcast to discuss the framework and mechanisms guiding our research agenda. Hear from Matias and Eric 🔺 for deeper insights into the thinking behind it ⤵️

Avalanche Foundation 🔺

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14,012 次观看 • 7 天前 •via X (Twitter)

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Most layer-1s still fund validators by taxing holders with inflation. Avalanche Foundation economists want inflation at zero — and validators paid from value the chain actually captures. "What if we could lower inflation to zero and give them the value that they captured? That's a structural reason for validators to stay." Avalanche Foundation 🔺 CIO Matias Antonio (Matias) and Lead Economist Eric Lu (Eric 🔺) on measure → capture → distribute. Layer One EP18, with Kelvin Sparks and John Wu 🔺: 00:00 - Introduction 05:54 - GCP and GCI: measuring chain productivity 08:31 - Capture: why value never reaches the token 09:24 - Distribute: paying validators without inflation 11:09 - GDP, GNI and a very low tax rate 12:37 - Output vs income, and what each costs to tax 17:42 - Dormant capital and the gas floor 24:39 - The Ethereum staking-ratio fight 31:05 - A Laffer curve for a blockchain? 35:26 - Why economists, and why now 46:16 - Twelve months out

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