Ideal tokenomics model: - Revenue-generating protocol - Stake tokens to earn a share of that revenue - Buyburn tokens with the % of revenue equal to the % of tokens not staked - Steward company stakes a meaningful allocation to fund development from yield, not token sales The market dynamically decides: dividends or buybacks. And the steward co stays sustainable without selling tokens.

Early on, the steward co can hold and stake a large share of the tokens and therefore revenue. Revenue is used to grow. In growth, it can grant out a portion of that large share to protocol users to grow / decentralize. At maturity, if the steward co has fewer levers to drive growth, it can use its staking revenue to buy more tokens and earn more revenue.