In this episode, Citizen Cosmos talks to Eric Waisanen, tokenomics lead at Phi Labs. In this episode, they delve into the nature of inflation, how it is dealt with in different systems and how it can eventually lead to the death of economies if managed poorly. Eric explains at length how the rewards are structured at Astrovault and how they plan on building a sustainable rewards system. Citizen Cosmos and Eric have a heated discussion on how content creators should be compensated and Citizen Cosmos gives a beautiful bit of history on how one used to have to apply for funds in the good old days.
Citizen Cosmos explores the vast universe of web3 and blockchain technology. Our mission is to bring everyone the latest and greatest from the crypto world and the interchain, while also introducing you to the innovative minds behind the technology. Our educational podcast dives into the stories of success, journeys and views of builders of block chain networks such as, Cosmos, Ethereum, Polkadot and others. We explore their technological ambitions and motivation. We dive into topics like the tech needed to run a validator node on different networks, the future of Web3, Artificial intelligence and interview the people working to build the infrastructure that will revolutionize the way we think. Our aim is to discover the wonders of technology, governance, defi, staking, validating and nfts. However it’s not just about the technology, it is about communication. Hence our goal is to discover the technology, while helping to bridge the layer holding it together. The community. Lets build a future where communication is decentralized. May the code be with you.