Token holder payouts hit $1.95B over 12 months, 5x the level of late 2022

The post states that protocols are now paying token holders through multiple mechanisms, after years of poor value accrual, cyclical demand and fear of prosecution. It reports $1.95B went to holders over the last 12 months, five times the level at the end of 2022, and that holders' share of revenue rose from 20% to 37%. The trend is described as broadening: nine tokens paid holders more than $1M a year in 2022, versus 32 now. The author says the statistics appear in this week's RealVision Alpha Crypto Pulse, highlighting improving investability for institutional investors.

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• Tokenomics
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