FinDaS

you can book a free consultation with us here: findas.org/meet

and here are the top 5 research picks for the month: findas.org/reports/detail…

Twice a month we deep dive into two of our favourite papers from our token economy summary. Here is our 2nd highlight: Paper: Stability Anchors and Risk Amplifiers: Tail Spillovers Across Stablecoin Designs Authors: Wenbin Wu, Can Liu Date: December 2025 Estimated Reading Time: 36 minutes This paper studies systemic risk transmission among stablecoins and between crypto and traditional financial markets. Using daily data from 2020-2025 across eight major stablecoins, supplemented with event studies of three additional coins, the authors estimate spillover effects using a Quantile Vector Autoregression (QVAR) model. The analysis evaluates spillover dynamics at three quantiles representing normal conditions and extreme market states. The results show that fiat-backed stablecoins maintain near-zero net spillovers across market conditions, while algorithmic and crypto-collateralized designs exhibit strong spillover amplification during tail events. The study also shows that during extreme market stress, the separation between fiat and crypto markets breaks down, creating direct volatility channels between the US Dollar Index and Bitcoin. Event studies of four depeg events confirm mechanism-specific contagion patterns: algorithmic designs exhibit residual contagion while collateralized designs show flight-to-quality dynamics. The paper concludes that stablecoin regulation should be differentiated by mechanism design rather than applied uniformly across all stablecoins. Read the full summary, with sources, here: findas.org/reports/detail…

Last week (15-22 Mar) in crypto: ➡️SEC Crypto Asset Interpretation. The SEC clarified crypto asset securities laws ➡️CLARITY Act Stablecoin Compromise. Senators reached a compromise on stablecoin yield regulations ➡️Morgan Stanley Bitcoin ETF. Morgan Stanley filed an amended Bitcoin ETF application ➡️Bitcoin Price Drop. Bitcoin fell sharply due to escalating geopolitical tensions ➡️PayPal's PYUSD Milestone. PayPal's PYUSD stablecoin supply officially surpassed four billion ➡️Hyperliquid Dethrones Cardano. Hyperliquid crypto entered the top ten, surpassing Cardano ➡️Crypto Market Relief. Trump's comments on military actions relieved crypto markets ➡️Fed Inflation Warning. A Fed governor warned about high inflation risks ➡️Ledger US Expansion. Ledger expanded US operations with a new CFO We're not a news site, but you can follow us anyway. 📶 FinDaS - hashtag#sustainable, data-driven #tokenomics. ⚡ Like and share this post if you found it insightful. We would like to bring visibility to important topics in #crypto.

𝗪𝗲 𝗮𝗿𝗲 𝗼𝗯𝘀𝗲𝗿𝘃𝗶𝗻𝗴 𝗮𝗻 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗶𝗻𝗴 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁. While the last few times we posted this chart, the main concentration was is the large #eth balances, we are currently seeing wallets with sub 0.01 ETH balance explode. Why is that? Unfortunately this is not necessarily a good thing. It looks like wallet setup for 𝗮𝗱𝗱𝗿𝗲𝘀𝘀 𝗽𝗼𝗶𝘀𝗼𝗻𝗶𝗻𝗴 𝗮𝘁𝘁𝗮𝗰𝗸𝘀. Remember to always check the addresses you are sending to twice!

Considering a small series of tips and tricks for CCA, as applied by real projects. As tokenomics experts, we're excited for all the new possibilities #CCA unlocks.

If you want to read something less stressful than the news, we suggest this 👇 findas.org/blogs/best-val… at best, you learn something, at worst - you fall asleep faster

Happy Birthday to #Solana ! 🚀

Last week (08-15 Mar) in crypto: ➡️Bitcoin Reaches Six-Week High. Bitcoin surpassed $74,000 fueled by massive short liquidations. ➡️Massive Crypto Liquidations. Traders faced $344 million in liquidations over 24 hours. ➡️Bitcoin Spot ETF Inflows. Bitcoin spot ETFs saw $767 million in net inflows. ➡️BlackRock Launches Staking ETF. BlackRock launched the first staking Ethereum ETF on Nasdaq. ➡️SEC and CFTC Agreement. Regulators signed a historic memorandum harmonizing crypto market oversight. ➡️Stablecoin Market Cap Record. Total stablecoin market capitalization hit a record $313 billion. ➡️FDIC Stablecoin Insurance Proposal. FDIC plans to make stablecoins ineligible for pass-through insurance. ➡️Total Crypto Market Rebound. The total cryptocurrency market cap rebounded by $109 billion. ➡️IREN Equity Raise Plan. Bitcoin miner IREN planned a $6 billion equity raise. We're not a news site, but we love data. Check out what we're all about here: findas.org

In our 𝗧𝗼𝗸𝗲𝗻𝗼𝗺𝗶𝗰𝘀 𝗽𝗮𝗽𝗲𝗿 𝗱𝗲𝗲𝗽-𝗱𝗶𝘃𝗲 series, we explore in more detail interesting papers that were published last month. Our first paper is: Paper: Impacts of Economic Policies on Wealth Distribution in Token Economies Authors: R. Sadykhov, Dr. G. Goodell, Prof. P. Treleaven Date: January 2026 Estimated Reading Time: 34 minutes The results suggest that different classes of policy changes influence different wealth segments, with smaller holders reacting to large structural updates and larger holders responding to broader sets of policy changes. The paper concludes by proposing a taxonomy of economic policies in token economies, separating those analogous to traditional fiscal and monetary policies from those unique to blockchain systems. Find a brief summary of the CORE INSIGHTS, as well as the source article, here: findas.org/reports/detail…

Every month we crunch the best #crypto research available. Get insights on #stablecoins, designing a token economy and wealth distribution in crypto and save time: findas.org/reports/detail…

Last week (01-08 Mar) in crypto: ➡️Tokenized Securities Capital Treatment Clarified. Agencies issued capital treatment guidance for eligible tokenized securities. ➡️SEC Submits Crypto Regulation Guidance. SEC sent crypto regulation guidance to the White House. ➡️ABA Rejects CLARITY Act Compromise. Bankers rejected a regulatory compromise regarding the CLARITY Act. ➡️US Lawmakers Discuss Bitcoin Reserve. Crypto executives and lawmakers discussed a strategic Bitcoin reserve. ➡️Spot Bitcoin ETFs Record Weekly Inflows. US spot Bitcoin ETFs recorded second straight weekly inflows. ➡️Bitcoin Reaches $74,000 Before Retracing. Bitcoin briefly hit $74,000 before falling amid geopolitical tensions. ➡️Crypto Companies Pursue OCC Charters. Eleven crypto firms recently filed for trust bank charters. ➡️Circle Unveils CCTP V2. Circle launched CCTP V2 for USDC transfers on Stellar. ➡️February Crypto Losses Hit Low. February crypto hack losses reached an eleven-month low.

Europe seemingly doing nothing and somehow winning (in the short-term)?

For so many things, like healthcare, it's normal to get a second opinion. For things that matter most, it's worth the investment. We offer our "second opinion" tokenomics audits to projects who realize the importance of token economy and want to get it right: findas.org/blogs/tokenomi…

February was a rough month for #crypto funding. Funding in Feb 2026 was ~$877M, down from ~$1.7B in Jan 2026 (MoM change ~-$830M). Versus Feb 2025 (~$1.1B), funding was down ~-$180M. The biggest MoM KPI moves were median round size falling from ~$10M to ~$5M (-54%), # of rounds dropping from 50 to 33 (-34%). By project count, the top sectors in Feb 2026 were Infrastructure (12 projects, delta -14 vs the prior 12-month average) and Gambling & betting (8 projects, delta +7). The largest sector shift was the decline in DeFi (6 projects, delta -14), matching the largest negative delta seen this month. This combination indicates growth concentrated in Gambling & betting while Infrastructure and DeFi ran below their prior-12-month baseline. see full details of the report here: findas.org/reports/detail…

Last week (22-01 Mar) in crypto: ➡️Aave $1 Trillion Milestone. Aave surpassed one trillion dollars in cumulative loan volume. ➡️Stablecoin Market Cap. Total stablecoin market capitalization officially exceeded 320 billion dollars. ➡️Ethereum Glamsterdam Hardfork. Vitalik Buterin outlined upcoming goals for the Glamsterdam hardfork. ➡️Bitcoin ETF Inflows. U.S. Bitcoin spot ETFs recorded significant weekly net inflows. ➡️Magic Eden Strategic Shift. Magic Eden is discontinuing Ethereum and Bitcoin NFT support. ➡️Bitcoin Geopolitical Volatility. Bitcoin prices fluctuated sharply following military strikes in Iran. ➡️SEC Enforcement Manual. The SEC updated its manual for enforcement investigation procedures. ➡️Gork Meme Coin. Gork meme coin surged 520% after Elon Musk tweeted. ➡️Stablecoin Expansion. Tether and Circle expanded strategic operations in South Korea.

"Can I just launch without having tokenomics designed by a professional?" This is a common question we get from blockchain founders, which is not as absurd as it might sound. You see new coins being launched all the time (especially #memecoins). Their allocations are not substantially different from one another, so why pay a non-trivial amount to get your tokenomics professionally designed? But for everyone else, click the link below: findas.org/blogs/does-tok…

In our 𝗧𝗼𝗸𝗲𝗻𝗼𝗺𝗶𝗰𝘀 𝗽𝗮𝗽𝗲𝗿 𝗱𝗲𝗲𝗽-𝗱𝗶𝘃𝗲 series, we explore in more detail interesting papers that were published last month. The second paper for the month is.... Paper: A Control Theoretic Approach to Decentralized AI Economy Stabilization via Dynamic Buyback-and-Burn Mechanisms Authors: Zehua Cheng, Wei Dai, Zhipeng Wang, Rui Sun, Nick Wen, Jiahao Sun Date: 2026-01-15 Estimated Reading Time: 24 minutes This paper proposes the Dynamic-Control Buyback Mechanism (DCBM), a control-theoretic framework for stabilizing token economies in decentralized AI networks. The authors model the token economy as a discrete-time dynamical system with treasury constraints and automated market maker price impact. Instead of static or threshold-based buyback rules, DCBM uses a Proportional-Integral-Derivative controller with a solvency-aware actuator to adjust buyback intensity based on deviations between market price and a time-weighted moving target. The mechanism incorporates strict treasury conservation, saturation limits, and a bounded sigmoid mapping to ensure asymptotic solvency. Agent-based simulations using jump-diffusion processes compare DCBM against no-buyback, fixed-rate, threshold, reinforcement learning, and model predictive control baselines across multiple market regimes. Results indicate that DCBM reduces volatility and operator churn while preserving treasury capital in downturns. Additional adversarial experiments show that structurally constrained PID configurations outperform static rules under manipulation attempts. 💡 Core insights ➡️ Closed-loop token stabilization: The token price is modeled as a discrete integrator driven by buyback expenditure through a constant product market maker. DCBM embeds this plant in a feedback loop where error is defined as the logarithmic deviation between TWAP and an EMA reference. This transforms buyback policy from a static rule into a state-dependent control system. ➡️ Solvency-constrained actuation: Buyback expenditure is mapped as Jk = Tk · γ · tanh(max(0, uk)), ensuring that spending is bounded by treasury size. The authors formally prove that with γ ∈ (0,1), the treasury asymptotically approaches zero but never depletes fully. This eliminates discrete bankruptcy scenarios present in fixed-rate models. ➡️ Integral drift correction: The integral term corrects steady-state deviations that proportional or threshold systems cannot remove. Clamped integration prevents windup when the treasury is exhausted. This enables counter-cyclical accumulation in bull markets and measured deployment in downturns. Find the full summary with source links here: findas.org/reports/detail…

Last week (15-22 Feb) in crypto: ➡️U.S. Spot Crypto ETF Outflows. Crypto ETFs suffered $415 million in net outflows. ➡️SEC Crypto Regulatory Agenda. Chairman Atkins outlined the 2026 crypto regulatory agenda. ➡️Stablecoin Haircut Reduction. The SEC reduced stablecoin capital haircuts to 2%. ➡️Spot Solana ETF Launch. Canada launched the first spot Solana ETF products. ➡️Market Liquidations. Market corrections triggered $9 billion in crypto liquidations. ➡️Hong Kong License Approval. Hong Kong granted VDX a crypto platform license. ➡️Polish MiCA Veto. Poland vetoed the MiCA crypto asset implementation bill. ➡️CBDC Pilot Expansion. Daiso joined the Bank of Korea's CBDC pilot. ➡️Binance SAFU Bitcoin Purchase. Binance SAFU completed a $1 billion bitcoin purchase. We're not a news agency, but you can still check us out at findas.org

Look at them go! Watch till the end to see "the winner" in #CryptoInvestment by category.

tokenomics, like the whole market really, is driven a lot by hype and often clients want the trendiest or most innovative solution. well...sometimes "tried & boring" is better: findas.org/blogs/bespoke-…

very funny, but also a great point that sometimes a simple solution is all you need (more in 1st commnet)