General Structure
Last updated
Last updated
As per data provided by CAICT, it has been reported that out of the more than 80,000 blockchain projects that have been initiated, only 8% of them are presently operational. Additionally, within this subset of active projects, 97% of them do not possess external sources of revenue.
Differing from traditional DeFi projects where project revenues go to the treasury, and the treasury conducts buybacks to create token appreciation, the LADT economic model departs from the conventional Web3 pattern and actively integrates the financial flow from NewPay, Laos’ leading mobile digital payment platform (17M+ US dollars monthly payment volume), along with its existing user base (500K+ active users) .
This enables both the Web3 ecosystem itself and a portion of the revenue generated from NewPay’s traditional business to flow into the treasury. The treasury, in turn, offers yields higher than the market average (settled in MEK) to users participating in staking, as well as conducts MEK buybacks to induce deflation, leading to an increase in MEK’s price.