I see some fretting over index DTFs allowing creators to govern with tokens other than RSR. Did you know: no matter the governance token, there is *always* a platform fee that goes back to RSR holders? (Today it’s in the form of an RSR token burn, and in the future we expect RSR holders to be able to direct it via a system-wide Reserve DAO. I personally expect the token holders to keep directing it to an RSR burn for ever, but it will be up to them.) ABC Labs thought this one through and would never publish software that cut RSR out of the Reserve ecosystem. It’s called Reserve Rights for a reason 😌 Allowing governance via other tokens (and thus sharing revenue with those other token holders) is a key strategy designed to make Reserve the top DTF platform over time as competition from DTF providers ramps up. Already today we can see the @Altcoinist_com community kicking ass — they devote lots of time and energy into governing and growing $ABX and we pay them nothing, it’s all baked in from the revenue share on the DTF itself. As ABX grows, they get their cut but they also earn for RSR which benefits from the token burn via platform fees. Imagine what that will mean if dozens of big players have their own DTFs that they govern and promote the heck out of to their own user bases. You can’t do that on any other DTF protocol today, and this rev share design means it’s better to just build on Reserve than try to replicate the stack from the ground up if you are a new entrant to the DTF market. Incentives are powerful. You want them working for you not against 👾
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