CLAIM

You don't need a token to build a great DeFi product

DeFi / Rémy Roy

Even for governance, you don't need a token to create a successful DeFi product.

ARGUMENTS

For

Rémy Roy

Automated Market Makers proved it.

For

ScaleWeb3

You don't need a token if you can out-execute other parties and/or target a different segment with your DeFi protocol.

Against

Bohdan Melnychuk

Token needed to provide incentives for project participants to support it, according to game theory. Small teams could be incentive enough without token. But in order to make product more decentralized, the core team has to scale into community development, that needs incentiviza