You might have heard many times people saying TAM this, TAM that, but what the heck TAM means?

“Tokenomics” is one of the most used words in crypto, and yet still probably the most overlooked factor by newcomers at the time of investing.

When the first article about cashflow protocols was written, there were only about 20 projects distributing sound money to holders/stakers. That number has grown considerably last 4 months as new projects try to ride the #realyield wave that has bring good results so far to GMX, GNS, UMAMI and other projects with some of the best performance in 2022.

We dedicated the last chapter to analyze one of the most important metrics in revenue generation, and this week we will focus on the main profit lever, as that is what should be the main proxy to determine how good or bad a business is.

Archimedes once said “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world”

Liquidity mining programs to bootstrap adoption were popularized through 2020 with great success and contributed to shed light into the potential of Decentralized Finance.

At this point, I believe it exists a fair consensus within the crypto community about tokens needing to evolve from pure governance tokens to value accrual ones, this can be done through several different models using protocol revenue:

A very common and legit question by those recently red pilled in the GMX ecosystem is what is the best way to position themselves to capture the maximum upside.