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Leighton

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Disclosures

Publisher
Leighton
October 07
Last Updated: 10/06/2024

Governance is dead, long live TOKENS

Publisher
Leighton
January 12
A popular trend kicked off by the Compound Protocol in the Spring of 2020 was governance tokens for DeFi protocols. The dream of governance tokens was a beautiful ideal. Simply by using a protocol, you would automatically and freely receive ownership of it. Decision making around the protocol would be decentralized allowing thousands and ultimately millions to have their say and vote on changes to the protocol.

Protocol Tokens and Growth

Publisher
Leighton
December 23
If the traditional revenue and expense business model does not apply to protocols how should we think about growing protocols and the role of tokens?

EigenLayer

Publisher
Leighton
December 20
In 2013 @VitalikButerin loved Bitcoin. However, Bitcoin was limited because you couldn't build arbitrary programs on top of it. He created Ethereum to take trustless execution of Bitcoin generalize it to arbitrary apps.

Contradiction in the Middle

Publisher
Leighton
April 16
A few weeks ago, a small corner of the internet erupted in response to an interview published in New York Magazine. The interviewee, Gary Gensler, claimed that all crypto assets fall under the category of "securities" (a United States legal classification), with the exception of Bitcoin.

The Optimist Awards

Publisher
Leighton
March 22
The Optimism collective is distributing 10 million OP tokens (currently valued at $25 million) in the largest ever retroactive public goods funding experiment!
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Ethereum is Venice

Publisher
Leighton
February 18
Today we know Venice as a tourist destination but 500 years ago it was a trading empire. The Republic of Venice specialized in seafaring trade. Their boats sailed the world, securely moving goods from cities like Acre, Alexandria, Constantinople and back to Venice and other Adriatic ports. 

Not Companies, Not DAOs But a Third More Secret Thing

Publisher
Leighton
January 29
Crypto protocols are a revolutionary new way to provide services. They are also deeply misunderstood.