Lisa JY Tan Profile Banner
Lisa JY Tan Profile
Lisa JY Tan

@lisajytan

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Economics of Token Engineering @EconsDesign & @Orusinfo | | Measure Gross Network Value #GNV

Joined April 2013
Don't wanna be here? Send us removal request.
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@lisajytan
Lisa JY Tan
10 months
The problem with pure data play is that it only takes into consideration one aspect (quantitative) component of data but not the qualitative component. It’s hard. But that will be the golden key in the next 5 years.
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@lisajytan
Lisa JY Tan
4 years
Shoutout to @Interaxis8 for tagging me to explain this question by @AlexMasmej . Took some time to dive into the model and it's so elegantly beautiful. Let me explain 👇🏼 A thread of explaining StableCredit USD, the new asset in @iearnfinance . I hope it's ELI-highschool enough.
@AlexMasmej
Alex Masmej
4 years
This sounds like a bonding curve to me (single sided AMM) except you stake USDC as collateral Complex idea but could scale stablecoins minting for new farming strategies
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@lisajytan
Lisa JY Tan
3 years
Rug pull 2.0 using Uniswap V3 Case study: Million MM token by TechLead Not financial (just general life) advice: dont put money in there h/t doink on discord for bringing this topic up cc: @RektHQ
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@lisajytan
Lisa JY Tan
3 years
Unpopular opinion: unless you have capital ($) or are numbers loving (financial, math, engineering, dev, tech related), ngmi in the future world.
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@lisajytan
Lisa JY Tan
4 years
You think think whole DeFi thing of "using this as collateral to mint that to use it as collateral" is #ponzinomics ? Tell you what: traditional finance works just like that. You know that right? Case in point 👇🏼
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@lisajytan
Lisa JY Tan
3 years
. @Bancor resources: 1. Bancor V2.1 in 5min 2. Research paper on Bancor V1 (the core) 3. AMM model of Bancor explained 4. Bancor playlist 5. Newsletter
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@lisajytan
Lisa JY Tan
4 years
Exporting the video on a deep dive to the economics of $NXM. It.... is 1.5h long. 🙃 Happy weekend learning! There's going to be a part 3 of @NexusMutual too, because I have an idea of how to align incentives of cover buyers, cover assessors AND protocols. 🥳
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@lisajytan
Lisa JY Tan
4 years
Instead of getting married and making babies this quarantine period, I finally published the book that I've shelved (hehe) for a long time.
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@lisajytan
Lisa JY Tan
3 years
Learning resources: 1. 📚 2. 👩🏻‍🏫 3. 📹 4. 💬 5. 👩🏻‍🎓 Here: tweeting general interesting things + random thoughts For token #economics 👉🏻 @EconsDesign
@lisajytan
Lisa JY Tan
4 years
Will include more general economics, geopolitics, culture, history, great books, #shitposts & a bit more of my personal life. For token economics 👉🏻 @EconsDesign - L
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@lisajytan
Lisa JY Tan
4 years
Autonomous market makers seem difficult to grasp. So here's a breakdown, in ELI-highschool. 4 algorithms for the various AMM in the space, in a nice little neat table!
@EconsDesign
Economics Design
4 years
Here's a summary of the various #AMM algorithms for the various DEXes in the space. You don't need college math to understand that. This is basically the summary of the 1h video on #DEX . (Full video on S1EP19)
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@lisajytan
Lisa JY Tan
3 years
Never thought to share here - but we're hiring for the following: 1. economic analysts/consultants - junior, mid, senior 2. head of product 3. community manager 4. admin/ops role 5. nft artist to work with to test an idea 6. video editor More details to come!
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@lisajytan
Lisa JY Tan
2 years
Let's talk about #cryptoeconomics and #tokeneconomics 1. Crypto economics ≠ token economics 2. Token economics ≠ tokenomics 3. Token economics ≠ token design 4. Token design ≠ tokenomics Resources at end of 🧵
@thegrifft
griff.eth - $GIV Maxi
3 years
Cryptoeconomics vs Token Economics What is the diff? I like how @lisajytan puts it... #Cryptoeconomics : Protocol level, coordinating Nodes #TokenEconomics : App level, coordinating users Does that match everyone's opinions? @karl_dot_tech @VitalikButerin @trentmc0 @mZargham
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@lisajytan
Lisa JY Tan
3 years
Learning resources (2022 Q1 update): 1. 📚 2. 👩🏻‍🏫 3. 📹 4. 👩🏻‍🔬 Analytics 5. Case studies 6. Market reports
@lisajytan
Lisa JY Tan
3 years
Learning resources: 1. 📚 2. 👩🏻‍🏫 3. 📹 4. 💬 5. 👩🏻‍🎓 Here: tweeting general interesting things + random thoughts For token #economics 👉🏻 @EconsDesign
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@lisajytan
Lisa JY Tan
3 years
Kinda need to stop beating myself up while comparing myself to all my successful 40+ year old super smart friends. 🤷🏻‍♀️ Things take time and everything is right where it needs to be. 🥳😌
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@lisajytan
Lisa JY Tan
4 years
Y'all getting hyped up about the book makes me even more excited. ILY all 😚🥰 Updates: ISBN ☑️ Draft 1 of content page ☑️ Editor (ongoing) Pre-order link (getting approval) Draft 1 of book (ongoing) It's about 18 chapters long. A4 size manuscript is about 250 pages 😅
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@lisajytan
Lisa JY Tan
4 years
Initial mock ups of the book cover. Please vote in the next tweet and let me know what improvements you'd like to see! I really appreciate honest feedback 🥳
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@lisajytan
Lisa JY Tan
4 years
I guess in dictatorship, as long as you have military on your side, the world can keep hating you but you're still going to survive. I still don't get the Libya-Turkey agreement in the east-med region. How can they.... just bypass Greece?
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@lisajytan
Lisa JY Tan
3 years
The diversity we need is not external diversity (race, gender, sexuality). The diversity we need is to see the same issue with different perspectives.
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@lisajytan
Lisa JY Tan
4 years
This year's focus is on monetary policy and governance. So, @EconsDesign is super excited to be working with @debaseonomics on the aspects of monetary policy for stable coins. 💰
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@lisajytan
Lisa JY Tan
2 years
I'm so excited for the next book on the economics of token based systems but omg working on that + expanding the team globally + working on econteric is quite a balancing act. the good thing is that the book is 90% done. and everything is in place. lfg :)
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@lisajytan
Lisa JY Tan
4 years
Finding competent people/team is harder than finding a bf. Is there like tinder for that sort of thing?
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@lisajytan
Lisa JY Tan
3 years
Big firms: stuck in 2017 and talking about BTC Enterprises in DLT: stuck in 2018 and talking about ICO and/or L1 Regulations: honestly kinda lost and trying to make sense in this confused space DeFi: innovating at the speed of light 🚀A costly game of catch up
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@lisajytan
Lisa JY Tan
3 years
There are so many intelligent polymaths in crypto. 90% of conversations are highly engaging and intelligent. What a wonderful space to be in.
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@lisajytan
Lisa JY Tan
3 years
@Wangarian1 but also ageing 3 years within 6 months 🤣
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@lisajytan
Lisa JY Tan
4 years
Today, I learnt that the reason why sometimes people don’t get back or don’t want to meet is because they’re dealing with mental health issues. And that one person can have depression and still continue life as usual. That’s scary. And I’ll check up on my friends more often.
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@lisajytan
Lisa JY Tan
3 years
2 most important skills, I reckon: 1. Make nice slides 2. Make nice spreadsheets Master any and you’re golden. Master both and you’re quite untouchable. At the end, it’s abt communication. Master tools to aid in communication.
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@lisajytan
Lisa JY Tan
3 years
Seeing yields in capital market then switching to APYs in DeFi is a strange thing. Like we’re not in the same timeline at all.
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@lisajytan
Lisa JY Tan
3 years
Not investment advice. I'm gonna send you an invoice if you take it as investment advice 😡 Bought some $MATIC ( @0xPolygon ) Me: Bullish on NFT Also me: idk which specific NFT. Instead, take a step back and see what's supporting NFT. PS: Hello @0xPolygon , podcast?
@lisajytan
Lisa JY Tan
3 years
Buying stuff. Tell you after the trx has passed & why :)
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@lisajytan
Lisa JY Tan
3 years
Life is pretty unreal 😍🌈
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@lisajytan
Lisa JY Tan
3 years
my mum just asked me about metaverse. great.
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@lisajytan
Lisa JY Tan
3 years
Meditations by Marcus Aurelius is so good 😍✨ so many things resonate that I was tearing bc I love it so much and can’t express them in words except happy emotions 10/10 recommend!
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@lisajytan
Lisa JY Tan
2 years
Hot take: it’s ponzinomic when it’s value extraction. It’s growth-hacking when it’s value creation. Similar initial methodologies. Vastly different outcomes.
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@lisajytan
Lisa JY Tan
3 years
hear me out. the future is work lies in asynchronous communication. that's how you play the 24/7/365 defi game
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@lisajytan
Lisa JY Tan
3 years
Singapore, the only place where you can leave your laptop and phone in public and no one will steal it. But leave your wine in the office, someone will steal it 😭
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@lisajytan
Lisa JY Tan
1 year
Guy on my ANA flight was reading hentai. Was almost tempted to ask him what is he holding in his bags and what he longs 🙃😂
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@lisajytan
Lisa JY Tan
3 years
Tonight is not for replying emails 😅
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@lisajytan
Lisa JY Tan
3 years
ELI5 of $WHITE (whiteheart): it's @HegicOptions with insurance added, when you are a liquidity provider. That's it.
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@lisajytan
Lisa JY Tan
4 years
Videooooo 👇🏼 Happy nerding out 🥳 NOTE: NXM's bonding curve != AMM bonding curve. Different shapes. Different curves. Same concept.
@lisajytan
Lisa JY Tan
4 years
Exporting the video on a deep dive to the economics of $NXM. It.... is 1.5h long. 🙃 Happy weekend learning! There's going to be a part 3 of @NexusMutual too, because I have an idea of how to align incentives of cover buyers, cover assessors AND protocols. 🥳
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@lisajytan
Lisa JY Tan
4 years
Will include more general economics, geopolitics, culture, history, great books, #shitposts & a bit more of my personal life. For token economics 👉🏻 @EconsDesign - L
@lisajytan
Lisa JY Tan
5 years
Tired of sending interesting resources to people individually. Will start posting fascinating and mind-blowing resources here. Will include economics, token economics, geopolitics, machine learning & great books in general. -L
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@lisajytan
Lisa JY Tan
3 years
lowkey reason why i started ED is bc i want to bring all my super smart friends together and change the world (& make $ while doing it). fun times ahead. to the moon
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@lisajytan
Lisa JY Tan
3 years
Economics mechanism of $FEI ⬇️ TLDR: A great experiment! Brings in features of DeFi — bonding curve, quadratic fees and DEX liquidity mechanism. Great to experiment by bringing them together. However, more analysis and modelling could have been done.
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@lisajytan
Lisa JY Tan
4 years
PS, and timeline for this: possible to be out within 30 days. I've been working on this for ~2.5 years already. 80% done. I've just been rejected by 1000000 publishing house😭 So self-publishing is an option, if there is sufficient demand. Y'know? 📚
@EconsDesign
Economics Design
4 years
How interested are you in an academic-ish textbook on token economics and a chapter on defi economics/math?
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@lisajytan
Lisa JY Tan
4 years
Hey you all, I just wanna say that I'm so immensely grateful for you all. The constructive comments, the wonderful recommendations and ideas, the kind words. 10/10 best strangers on the internet ever! 💯🔥 Thank you 😘 I'm really truly very appreciative 💓
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@lisajytan
Lisa JY Tan
3 years
Am stressed but the good kind of stress yknow. Like there’s so much to build, but so little time. At the same time, what an honour and privilege to be doing what I’m doing. Life’s good & I’m so bloody grateful.
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@lisajytan
Lisa JY Tan
4 years
You can now pre-order the physical copy of Economics and Math of Token Engineering and DeFi 😉 With CRYPTO ( #degen ) or credit card ( #normie ). Would have made the eBook $69 but I’m not @elonmusk enough to do that 🚀
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@lisajytan
Lisa JY Tan
3 years
A thread on #inflation TLDR: Inflation is not a bad thing. When it is done right.
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@lisajytan
Lisa JY Tan
3 years
Keeping it real: some days I’m lost AF, have lots of doubts, the general regular things of being a human. Am only human. Am fallible. Am becoming little more anti fragile every day.
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@lisajytan
Lisa JY Tan
3 years
I can’t wait to read the book in 20 years time, talking about this period now. 1. Financialisation of global digital finance 2. Economic growth in digital world 3. Global network across jurisdiction 4. Opening of markets and creating new laws around it 5. Tokens as new commodity
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@lisajytan
Lisa JY Tan
3 years
DAO as a one-stop solution to decentralisation: overrated Prioritisation of decision-based rules mechanism design: underrated
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@lisajytan
Lisa JY Tan
3 years
The age of DeFi is Renaissance 2.0. The amount of intellectual conversation is inspiring. We're inventing. We're building. Who will be this era's Michelangelo, da Vinci and Descartes?
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@lisajytan
Lisa JY Tan
2 years
@0xSong If you need more. Book, academy, YouTube, reports
@lisajytan
Lisa JY Tan
3 years
Learning resources (2022 Q1 update): 1. 📚 2. 👩🏻‍🏫 3. 📹 4. 👩🏻‍🔬 Analytics 5. Case studies 6. Market reports
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@lisajytan
Lisa JY Tan
3 years
So bloody tired but I’m so so so grateful to be able to do what I do. And above that, the brightest team who is a part of this 🚀 So lucky. So grateful 🥰💕
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@lisajytan
Lisa JY Tan
3 years
Summer 2019 was reading Black Scholes for the first time and asking my super smart friends “what is mean reversion” 🤣 (hey we all start somewhere) Today with the same people, we talk about cooler things. “You’ve grown Lisa, from those questions in Zurich” :’) baby steps
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@lisajytan
Lisa JY Tan
3 years
Giving attention/celebrating someone bc of something they’re born with (eg good genes, rich parents) is just stupid. We should celebrate and give attention to hard work / substance / effort.
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@lisajytan
Lisa JY Tan
2 years
the bois and girls in singapore 🇸🇬
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@lisajytan
Lisa JY Tan
2 years
I’ve only met 4 out of the 20 awesome brains on our team IRL. Meet @KieferZang from consulting 🎉 background in economics and finance focusing on metaverse economics design and analysis. Incredibly bright and needs to start tweeting more!
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@lisajytan
Lisa JY Tan
2 years
The best thing about this industry: we’re in the cutting edge of everything The worst thing about this industry: we’re in the cutting edge of everything. So many things aren’t in books, videos, whatnot. You can only learn through nerding out with the most randomest people
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@lisajytan
Lisa JY Tan
3 years
What we can measure, we can define. my goal for the next couple of years is to keep defining what “economics of token engineering” is. The framework so far is a good start. But framework w/o empirical data to prove is stupid. Been working on it. Still working on it. :)
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@lisajytan
Lisa JY Tan
3 years
Treasury & S&P converging. So....... what time is liquidity coming into crypto? ⏰
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@lisajytan
Lisa JY Tan
3 years
And if anyone wants to understand how @NexusMutual works. It's beautiful 🥰
@BraveDeFi
BraveNewDeFi
3 years
As of Tuesday (4/6), all of DeFi has $52.14B in TVL. @NexusMutual has $341.1M in TVL. That leaves most users exposed to potential loss from compromised code. Nexus Mutual was created to solve this problem. Members of the mutual protect cover holders from getting #rekt . (1/6)
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@lisajytan
Lisa JY Tan
2 years
Unpopular opinion about #DAO : flat DAO is a myth. You always need a hierarchy. flat hierarchy but hierarchy nonetheless 🧵
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@lisajytan
Lisa JY Tan
4 years
ORRRRR we stop caring about what people are on the outside and just focus on the value they bring on the inside. I agree there's a lack of diversity. In hiring, open up to more options and people. But don't hire bc of some outside characteristics. Like gender, race or sexual pref
@ASvanevik
Alex Svanevik 🐧
4 years
There are far too few women working in crypto. If you agree we are missing out on talent - how do we fix this?
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@lisajytan
Lisa JY Tan
4 years
Assumptions that people are making, which are incorrect: 1. Economics = money. Nope, economics is MORE than just about money and gold. 2. Market = financial market. Nope, market is a gathering of participants coming to trade w each other. Sometimes, money is not required.
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@lisajytan
Lisa JY Tan
1 year
Hot take: It is absolutely dumb to just focus on supply change, vesting period and token release. You’re only solving supply side issue. The real problem to solve is demand side issues.
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@lisajytan
Lisa JY Tan
3 years
You read an article, chat with experts on topics/opinions, read a book. It plants ideas. & suddenly one day, it just connects and everything makes perfect sense. Magical.
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@lisajytan
Lisa JY Tan
3 years
Truth: yes DeFi is the way to go Reality: we’re not there yet, for mass adoption So what: stop promoting DeFi as the Jesus of finance unless they’re keen to participate in the innovation and accept the risks. It is experimental. And risky.
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@lisajytan
Lisa JY Tan
4 years
There are 2 risks in DEXes 1) IL (which exists anyway if you are a MM, just that we have more tangible calculations today) 2) price slippage due to trades within the LP. This paper talks about the latter. Specifically #sandwichattack . That is front + back running trx.
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@lisajytan
Lisa JY Tan
4 years
Updates on the book: the content page 📚 Link to the full content page: People are asking about pre-orders. Yeah.... hopefully I get the link out next week. Keep y'll updated 🥳 @EconsDesign
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@lisajytan
Lisa JY Tan
3 years
I told you everything we do in #defi is an experiment and being watched, so it can be implemented in the greater society. See this report by FED TDLR: we (fed) think that this is good.
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@lisajytan
Lisa JY Tan
3 years
is it growth or disappointment when you have some (p cool) ideas and then realise adam smith wrote about it a gazillion years ago?
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@lisajytan
Lisa JY Tan
3 years
Y'know what's magical? Spend the waking time learning and figuring things out. Brain hurts. Go to sleep. Brain figures shit out while sleeping. Wake up with clarity. Repeat w learning. #magic
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@lisajytan
Lisa JY Tan
4 years
What keeps me up at night: ethics and the consequences of us designing the economics of tokenised systems. 👇🏼 Ps: you know that these economics design thing is just layer 1 design of a system. Layer 2 design, which I haven't even began to share my 3 year research, is very real.
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@lisajytan
Lisa JY Tan
4 years
Correct me if I am wrong. So @barn_bridge is just @iearnfinance with fixed returns......?
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@lisajytan
Lisa JY Tan
3 years
Much of the world follows a non-linearity function. Whereas we're taught to believe linearity is the answer to most phenomenon.
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@lisajytan
Lisa JY Tan
2 years
token economics ≠ tokenomics
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@lisajytan
Lisa JY Tan
3 years
You know defi space is maturing when options convo includes volatility instead of just strikes and expiry (& memes) 🥲🥰 Would y'all like an AMA on @joinClubhouse at the end of feb? Options theme concludes. So you could ask all your questions.
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@lisajytan
Lisa JY Tan
3 years
Twitter is a great source of confirmation bias
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@lisajytan
Lisa JY Tan
3 years
Date by the pool w some cool people’s thoughts on my day off
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@lisajytan
Lisa JY Tan
3 years
Stablecoins are no longer what they used to be in 2017. They have changed in 2021. To understand how stablecoins are created and to compare different stablecoins, we must know 3 important characteristics: collaterals, mechanisms, and pegs h/t @el33th4xor 's research
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@lisajytan
Lisa JY Tan
3 years
the right partnership is when it's about growing the pie, not slicing the pie 🥧
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@lisajytan
Lisa JY Tan
4 years
Now that we have all experienced 2020, I wonder if we will stop using "hindsight is 20/20".
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@lisajytan
Lisa JY Tan
3 years
Work lisa and play lisa are 2 very very very different people 👀
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@lisajytan
Lisa JY Tan
3 years
Daily reminders 😌
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@lisajytan
Lisa JY Tan
4 years
Viola! You can pre order at 20% discount today 🥳 The physical copy is still waiting to be approved hence the delay. So I'm sharing the ebook copy link first! Again, I will stress that it is a very niche and very nerdy book. It goes into the math and economics of things!🤓
@EconsDesign
Economics Design
4 years
We are finally accepting pre-orders for Economics and Math of Token Engineering and DeFi an E-Book by @lisajytan Pre order and save 20% - #booklaunch #DeFi #tokenengineering #tokenomics #Blockchain #crypto #book #economics #tokeneconomics
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@lisajytan
Lisa JY Tan
4 years
4) Lastly, it uses @AmpleforthOrg 's model of tapping into secondary market for traders to do arbitrage to get the pegged value back to its ideal state. Why would they do that? Bc traders get to make money. Duh. Win-win-win.
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@lisajytan
Lisa JY Tan
3 years
Hi y’all, looking for more girl-friends. Pls intro brainy girls. Bonus if real entrepreneurs (vs wantrepreneurs). Mainl to balance the ratio of friends. Thanks! L.
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@lisajytan
Lisa JY Tan
2 years
How I’m starting my “I disagree with you” statements now
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@lisajytan
Lisa JY Tan
4 years
How tokens and distributed ecosystems/platforms are powerful. Problem today: Section 230 in US laws protecting platforms. Anyone can post what they want. It's up to the platform *in good faith* to moderate. Solution: transferring power by the platform to community
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@lisajytan
Lisa JY Tan
3 years
The security aunty downstairs is super adorable. But she’s always trying to match make me w everyone that comes to the office and asking when I’m gonna get married 😂
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@lisajytan
Lisa JY Tan
3 years
Podcasts are great but sometimes I feel like it really emphasises the bubble I live in. and that doesn’t make for an anti fragile person. Pls shill me some anti crypto, anti DeFi, anti token sort of podcast and materials. Criteria: they have to be well research. TY! 💛
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@lisajytan
Lisa JY Tan
4 years
Listen, this is what economics design is all about. It's about aligning incentives between agents. With or without tokens (aka the incentive). And the economic rules to align incentives and coordinate trade-offs. And that is how we are building our future of tmr.
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@lisajytan
Lisa JY Tan
3 years
@DeFi_Dad @bobbyong @Bancor yes yes yes! I explained it here I have been staking on the one-sided LP with IL insurance
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@lisajytan
Lisa JY Tan
4 years
Hope that helps explain it easily and you don't have to understand economics or finance to get it. And if @AndreCronjeTech can check and verify that it's right, that'd be great.
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@lisajytan
Lisa JY Tan
3 years
Everyone in TradFi now: we need more transparent! Regulation for transparency! (Cc GME, greensill, Archegos) DeFi: hello.
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@lisajytan
Lisa JY Tan
2 years
crypto: the only industry where people can account *anything* as revenue 😅 lots of great analytics dashboards out there, but no one defines revenue the same way. we have so much to do in the analytics space to even define what "revenue" is.
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@lisajytan
Lisa JY Tan
4 years
Third Wall Street asking me this question in the recent week. Is DeFi done peaking or have we just began?
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@lisajytan
Lisa JY Tan
4 years
So here's to experiments, new monetary policies and new exploration. DeFi level up in 2021. Let's goooooo!
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