From the day I was mev-pilled by @phil I got one idea stuck in my head: all of this invisible value being extracted only by the few who know how to bend the rules of the system could be used to understand and mitigate the problems that itself causes. Like finding a self-healing cycle for these complex interactions in the system.
One year later I think we are doing well with this part. The value is no longer invisible, it is being actively mitigated, and a lot of research and development is going towards the self-healing cycle. And yet, what for? I was feeling stuck… I knew I was missing something big, my sense of purpose was getting weak. Until the king @sxysun appeared with his 3EV framework, which is a very clear1 characterization of the economic games we are playing. He provided me with very good guidance2 about where to steer the system, how to approach the big challenges pending, and the purpose of the whole thing.
So now I want some of us to focus on purpose (!!!), while many other brave souls are focusing on where and how.
I start from his ideas of monarch, redistribution, and attending to the 99% that is currently excluded from the game, to introduce Morpheus Extractable Value3. The lord of our dreams in the tragic exploration to decipher human existence. Omniscient on the worlds he creates, endlessly bounded to this funky universe, dealing with the impossible question of when to intervene.
Let’s dream a world in which all of this value being created in the system is redistributed for the plentiful existence of all its inhabitants. For living and dying together in a damaged earth.
I think this redistribution exploration has to follow five dimesions:
- Universal Basic Income
- Rewards to individuals proportional to the value they create
- Funding for public goods
- Awareness for 7 generations into the future
- Mourning, healing, and space for all the more-than-human critters being affected in the process.
When researching dreams in an open collective there are no rules, no limits, no iterative milestones. I will start collecting allies, past and present experiences, and small experiments. You are all invited to jump into this dream ship.
See Bookmarks relevant for redistribution researchers .
See Survey of distribution mechanisms in Ethereum .
1 it did take several hours at full brain processing speed to come to this realization: it’s simple!
2 Smart, kind, funny human, thank you
3 Thanks Charleen Fei for the name and the quick wits to reframe the whole enterprise <3