okay, gonna say this more explicitly: veDAO was prob the first pure DeFi treasury accumulation vehicle, and it worked because its revenue stream could bootstrap an actual business: Velodrome a token works best when it delivers the kind of value you can build a business around
jack-anorak
jack-anorak22.7.2025
some lore: in a few respects, veDAO (business with a goal of getting as much Solidly veToken as possible) presaged a lot of what we're talking about now an important thing when building a biz around a treasury is correctly thinking that what you're accumulating is valuable
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