How Liquidity Bootstrapping Pools, veBAL Tokenomics, and Smart Pool Tokens Fit Together — A Practitioner’s View
Here’s the thing. I got pulled into liquidity design years ago because I liked tinkering with incentives and weird market mechanics. At first it felt like a clever hack — a way to flip token distribution on its head — but then I kept seeing edge cases and real user pain. Initially I thought LBPs […]