Podcast: The Rebirth of Tokenomics: Yearn Finance and Ve(3,3) | Weekly Roundup

Jason Yanowitz and Santiago Roel Santos talk about tokenomics, Yearn Finance, DeFi, fundraisers, and more.

by Brianna Beckford /
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In the latest episode of “Empire,” weekly roundup, Blockworks’ Jason Yanowitze and Santiago Roel Santos bring their A-game and best sweaters for a conversation about the latest in crypto.

After covering the launch of Alliance DAO (in which Yanowitz is an investor) yesterday and the Curve Wars last week, Ver(3,3) and Yearn Finance provide a stimulating and exciting revisit as they discuss what it means for the environment. Jason and Santiago also track the markets, comment on fundraisers and more.

They cover:

  • LooksRare vs. OpenSea
  • Seqoia and Paradigms $1.5B investment
  • JPMorgan and Chase
  • and so much more!

Check out what they had to say in the video below. 👇

About the show

“Empire” is a twice-a-week show. On Thursdays, Jason interviews crypto industry movers and shakers to talk about their struggles, bold moves and tough decisions. Friday’s weekly roundup episodes feature co-host, Santiago Roel Santos and cover the top news from the past week.

For any NPR or Guy Raz fans out there, you can think of “Empire” as a “How I Built This” for the bitcoin and crypto industry.

Subscribe to “Empire” today on Apple or Spotify. Watch episodes on YouTube.


Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


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Research

Onchain gacha platforms sold $284.3 million of digital card packs in July 2026, and Collector Crypt accounted for more than half of that activity. However, it buys back 92.9% of what it sells, which leaves it with a third of the category's revenue on more than half of its volume, and a quarter of its activity arrives through partner apps whose users it does not own. Courtyard runs the opposite model, a consumer app selling smaller packs to thousands of retail buyers who resell the cards to each other, and it took 59.7% of category revenue while growing through a month the category spent contracting. This report compares the five largest platforms on gross activity, buyback intensity, revenue after buybacks, consumer composition, marketplace liquidity, and distribution ownership, and finds Courtyard the strongest performer as of July 2026, with the qualification that none of the five discloses inventory costs or resale proceeds, so no platform in the category can yet be shown to be profitable.

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