economics

According to Jinshi reports, Pacific Investment Management Company economist Tiffany Wilding stated that the inflation report "looks quite encouraging on the surface," with two main positive developments. First, housing prices, which have been rising since the outbreak of the pandemic, are now indeed slowing down. Second, the impacts related to tariffs are gradually fading. As this trend dissipates, the Federal Reserve should be more willing to cut interest rates, and Wilding believes that it is reasonable to expect two more rate cuts this year.

At the "Build and Scale in 2026" themed forum recently held by ChainCatcher in Hong Kong, Spark co-founder Sam MacPherson delivered a keynote speech on "The Growth Engine of DeFi," systematically explaining how Spark builds an integrated solution to address the fragmentation and inefficiency of on-chain capital markets by integrating savings, lending, and institutional-level capital allocation.Sam MacPherson pointed out that the current on-chain capital market still faces challenges of severe fragmentation and low capital utilization efficiency. Spark builds its growth engine through three core products: first, the all-chain savings account Spark Savings, which has managed over $2.75 billion in deposits, providing users with a safe and stable income entry; second, the lending protocol SparkLend, which focuses on blue-chip assets and captures value by reducing external protocol commissions and protocol fees; third, institutional lending in collaboration with the Anchorage custodian, seeking risk-adjusted returns between DeFi, CeFi, and traditional finance.He believes that the next phase of DeFi's growth will rely on integrated protocols that can seamlessly integrate multi-chain liquidity, provide institutional-level risk control, and possess sustainable token economic models. Spark is promoting the evolution of DeFi towards a more efficient and robust direction through its product matrix and ecosystem development.

According to Jinshi News, Thomas Mathews, an analyst at Capital Economics, stated that the S&P 500 index may be supported by technology stocks this year, expecting it to rise to 8,000 points by the end of the year. Despite the turbulent performance at the beginning of the year, Mathews pointed out that the earnings outlook for tech companies remains "quite optimistic," and he holds a positive attitude towards the U.S. stock market.

Celo announced on platform X that the Celo Foundation and cLabs have officially merged into a unified core contribution organization, temporarily named Celo Core Co.This reorganization aims to accelerate the delivery and speed of the Celo platform by 2026 and enhance alignment with market demand. At the same time, the official statement mentions that details regarding the upgrade of CELO token economics (including potential buyback and burn mechanisms) will be released soon.

The lending platform HyperLend has announced the HPL tokenomics, with 30.14% allocated for ecosystem growth and incentives, 25% for genesis distribution, 22.5% for core contributors, 17.36% for strategic investors, and 5% reserved for liquidity.In addition, HyperLend disclosed that it has completed $1.7 million in financing to date, with investors including RockawayX, No Limit Holdings, Nucleus, Duplicate Capital, and Dumpster. Strategic investors will receive 10% equity at the Token Generation Event (TGE), followed by a 4-month lock-up period, with the remaining shares gradually unlocking over 2 years. Staking and locking features will be launched shortly after the token generation event, with rebates coming from the reserve factor and distributed based on participation.The team emphasizes that HPL has not officially launched yet and reminds users to only trust information released through official channels.

The decentralized confidential computing project Acurast has announced the ACU token economics. The total supply of ACU tokens is 1 billion, of which 24% will be used for community activation (early computing providers, Cloud Rebellion airdrop, listing incentives, CoinList token issuance), 11.5% will be used as operational funds, 24% will be allocated to the community treasury, 24% will be distributed to the team and advisors, 10% will be used for liquidity, and 6.5% will be allocated to early supporters.

The ZK smart verifiable computing platform Brevis has announced its token economic model, with a total supply of 1 billion BREV tokens, distributed as follows:Ecosystem Development: 37% of the total token supply, used for ecosystem development, research and development, strategic partnerships, initial market building, and long-term protocol expansion;Community Incentives: 32.2% of the total token supply, used for rewards for validators, stakers, and community contributors, including different categories of initial airdrops to eligible contributors and community members;Team: 20% of the total token supply, allocated to current and future core developers and contributors of Brevis;Investors: 10.8% of the total token supply, allocated to seed round investors of Brevis.Ecosystem development and community incentive plans will be unlocked linearly over 24 months after the TGE, with 14.50% and 10.50% of tokens circulating at the TGE, respectively. The allocation for the team and investors will be fully locked for the first year after the TGE, with no initial unlock, and will then be distributed according to a 24-month linear unlock schedule. Additionally, the airdrop registration portal will be launched soon.

According to Caijing magazine, Zhao Zhongxiu, president of the University of International Business and Economics, and others wrote an article titled "Global Stablecoin Regulation Taking Shape, 'China Plan' Can Be Piloted in Free Trade Zones," which states that with stablecoin legislation becoming a reality in several major jurisdictions worldwide, China should not miss this historic opportunity.To prudently carry out stablecoin-related business and regulation in mainland China, it is suggested to open pilot programs in free trade experimental zones (hereinafter referred to as "free trade zones"), such as the Qianhai Free Trade Zone in Shenzhen, adjacent to Hong Kong, and the Hainan Free Trade Port. Specific suggestions for pilot programs in free trade zones include: establishing a "Cross-Border Financial Technology Laboratory," creating a stablecoin "white list" system, setting up offshore RMB stablecoin innovation pilot programs, promoting digital trade and intellectual property financing, and strengthening blockchain infrastructure construction; at the same time, a strict risk prevention and control mechanism should be established, including: stringent institutional and individual access, transparent reserve audits, and tracking and preventing compliance arbitrage and capital flow risks.

CoinList announced the tokenomics of the crypto wallet Rainbow's RNBW token, with a total supply of 1 billion tokens. The airdrop accounts for 15% at TGE, the community presale through CoinList accounts for about 3%, the treasury accounts for 47%, the team accounts for 12.2%, investors account for 7.8%, and the community accounts for 15%. The circulation ratio at TGE is about 20% (including airdrops, presales, etc.).

According to Jinshi News, Wolf Research's chief economist Ross stated that the Federal Reserve may not cut interest rates in the first half of next year.

According to Cysic's official Twitter, $CYS will be used to ensure network security, reward contributors, and coordinate the interests of all parties, thereby promoting the development of the ComputeFi ecosystem.At the time of the Token Generation Event (TGE), the circulation of $CYS is 160.8 million, with a total supply of 1 billion at genesis.The token distribution ratio is as follows:Ecosystem Incentives 40.19%Investors 23.62%Contributors 12.11%Foundation 8%Community Incentives and Liquidity 16.08%

Cosmos Hub officially launches the ATOM token economics research program, aimed at designing a sustainable, revenue-based token economic model that reflects ATOM's core position in the Cosmos ecosystem.The research will be conducted in five phases: proposal request, research team selection, information gathering, research result analysis, and governance voting. The study will focus on a foundational model of token economics based on actual revenue, rather than jumping directly into individual mechanisms or flywheel designs. Cosmos Labs stated that this model will break free from the limitations of circular token economic systems, driving the long-term growth of ATOM through sustainable revenue generated by enterprise adoption of the Cosmos tech stack. The community will play a key role throughout the process, including participating in the selection of the research team, providing feedback, and the final on-chain voting. Cosmos Labs referred to this as potentially "one of the most important governance proposals in Cosmos history."

The programmable data chain Irys has announced the IRYS tokenomics. The total supply of IRYS tokens is 10 billion, with 20% in circulation. Of this, 30% will be allocated to the ecosystem, 9.9% will be distributed to the foundation, 8% will be used for airdrops and future incentives, 8% will be allocated to liquidity and launch partners, 18.8% will be distributed to the team and advisors, and 25.3% will be allocated to investors. The tokens held by the team and investors will be locked for the first year. The official will issue a 2% reward to validators/miners each year, halving every four years. Additionally, 50% of execution fees and 95% of regular storage fees will be burned.

DEX Reya announces its tokenomics. The total supply of tokens is 8 billion, with the distribution as follows: Community 45%, Community Sale 2%, Liquidity 3%, Foundation 10%, Team 17.5%, Future Team 5%, Investors 17.5%. The Reya Labs team and investor tokens will be locked for 1 year, followed by a 3-year monthly linear unlock. Distribution will begin with an airdrop to Reya users starting from the TGE, followed by multiple rounds of airdrops, with specific timing and amounts determined by the foundation.Reya will conduct a token sale on Coinlist from November 25 to December 2, selling 160 million tokens at a price of $0.01875, corresponding to an FDV of $150 million. 50% will be unlocked at TGE, and the remaining 50% will be linearly unlocked within 6 months after TGE. The minimum purchase amount per account is $100, with priority given to small purchase requests.

AI Computing Economy Layer GAIB has established a foundation and announced the GAIB tokenomics, with a total supply cap of 1 billion tokens. The token distribution plan is as follows:Community allocation 40%;Core contributors allocation 20.7%;Early supporters and investors allocation 19.82%;Growth and ecosystem allocation 19.48%.GAIB is the AI economy layer protocol that unlocks capital for new cloud computing, data centers, and robotics innovators by tokenizing enterprise-grade GPUs, robotic assets, and their cash flows.Previously, it was reported that GAIB completed a $15 million financing round, with investments from Amber Group and others.