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    Token Economics Entry #0858

    The reason a treasury priced in its own token looks richer than it is

    Valuing a treasury in the token it holds creates a circular reference — the treasury's worth rises with the price it would crash by selling.

    Adept
    The hidden part #0858

    A treasury priced in its own token is a promise that evaporates when kept. The number on the dashboard is the balance you can have as long as you never use it.

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