Token Terminal (🔗Twitter)[🤔➡️🔗🧵⚠️]RT
@JustDeauIt: This got a big response. A few points of clarity 👇
1. Lots of comments about me drawing unfair comparison across timelines (a newer protocol must issue more inflation/TI early on).
Fully aware of this. That's why I compared Aptos (which is two years post-launch) tom, Solana, and Avlanche 2 years post-launch.
For more clarity:
Ethereum ratio in July '17 = 81x
Solana ratio in March '22 = 67.5x
Avalanche ratio in Sept. '22 = 32.2x
All two years post-launch.
Aptos two years post-launch = 340x (October '24).
2. Seeing some pushback that "Aptos has to issue more TI since its fees are so low"
Ok.
Now my question turns to:
How will Aptos compensate its validators while keeping spam low if it's keeping fees "100x lower than Solana" and burning 100% of them?
I don't think you can just issue high TI in perpetuity (Aptos inflation this year is 73%, it was 137% last year).
For reference,...
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