Subsidizing bluechip LPs can happen through infinite emissions, but token holders pay the price through inflation when earnings are negative. Directing more value to bluechip LP pairs to maintain a low pool swap fee to capture more volume onchain can be achieved through infinite emissions or other alternative models of value direction/capture. For example, a non-inflationary design using a real economic engine: wBLT. Instead of using native protocol token emissions to subsidize bluechip LPs, BMX innovated on the actual base-pair liquidity asset, itself. wBLT is a token that can be paired with any other asset, just like ETH or BTC normally would. But, it generates real fees that auto-compound for the holder, while it’s paired in spot LP pools, enabling aLPs to also earn regular swap fees. wBLT is targeted to be 50% USDC, 30% BTC, and 20% ETH. It’s dynamically weighted perpetual market making liquidity wrapped into a yearn-like vault. wBLT is directed fees from all BMX protocol products. There are risks: trader profits, IL, contract risks; dyor not fa. Point is, our Team and many other Teams have been building and shipping real innovation in sustainability, capital efficiency, and composability. This is happening across every sector of DeFi with results starting to emerge onchain, Fluid for example. There has been a leap-frog effect in design and technology, leaving the era of Andre’s solidly model and infinite emission models where they belong: in the past. Emissions are an expense. Token holders pay the price through inflation when earnings are negative. Expenses are okay under certain circumstances, for limited periods of time or when earnings are consistently net positive. Many of the OG and long term builders, DeFi brass, generally all agree. But hey, maybe everyone is wrong. All of the years we have been in DeFi and building, everything we have trialed, explored, researched and studied…maybe it all means nothing? Maybe infinite emissions are the answer. Dollars should be printed into oblivion and Bitcoin shouldn’t increase in value as a result of dollar inflation. We should all just hold dollars. Print baby, print. 🤡 🌍