The step missing is driving the fees into permanently locked LP positions first, which are not owned by the creator but which the creator benefits from, by then streaming the fees generated on that LP position to creators.
Despite the obvious weakness in the model using ZORA as the base pair asset, if the above is implemented, it's 100x better than what is currently live.
But fwiw, I have designed a system with additional improvements which I think is far more sustainable overall.
Socialized liquidity pool depth generation in perpetuity while aligning creator payouts with sustained relevance (volume over time)
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