Good times bad times

They claim to be decentralized but are not. Their supply is not verifiably or credibly scarce. Tokens can be created at will, by decree, on the whims of a small central group. Thus, they are fiat.

I'd argue they arnt all like that, but most are. Eth main net is now immutable, so say for each project has its own tokenomics. Btc now as opnet, bringing smart contract to btc mainnet, they pair with btc in their launchpad.

Also, like tbtc on eth mainnet. Would be a good example. Of this also.