Cryptoeconomics of Revnets
The client
Revnet is a protocol developed by the Juicebox team for launching autonomous, tokenized revenue networks: deterministic rules set at deployment govern how tokens are issued, how value accrues, and how participants access liquidity, with no governance and no intermediaries.
The problem
With every rule immutable at deployment, founders and investors needed to know precisely how these systems behave across parameter configurations before committing capital.
What we did
We combined formal mathematical modeling with computational simulation across parameter configurations, and proved four guarantees: a cash-out price floor that rises mechanically with network activity, issuance schedules that act as tunable monetary policy, guaranteed redemption under all conditions, and loans that remain solvent even under complete default. We also showed that seven immutable parameters determine all system dynamics, making launch-time tuning the single most critical design decision.
Deliverables
- Public analysis: Revnets: A Cryptoeconomic Analysis (CryptoEconLab Insights).
- Companion paper I: Cryptoeconomics of Revnets, the formal mathematical framework.
- Companion paper II: Revnet Parameters Analysis, computational experiments and design guidance for founders and investors.