This virtuous cycle relies upon the foundation of internal coordination as economic productivity, within a specifically digital economy. The third element beyond supply and demand- internal coordination- allows the DAO to exercise policy levers and control treasury composition, in order to offset the runaway reflexivity of irrational market forces. This is what provides the investor confidence that staking will continue to be a profitable financial strategy. It is this third element that paradoxically breaks the vicious circularity and gives foundation for virtuous circularity and substantive reflexivity (rather than irrational, chaotic reflexivity) that benefits the market. Through internal coordination, the DAO has the means to self-regulate and self-govern market conditions for itself and for a whole ecosystem of interdependent, interoperable protocols. In order to have an adequate theory of economic productivity in digital economy, we must have a good description and explanation of what internal coordination (3, 3), as economic productivity is. And a good explanation of exactly why it is more important than price coordination (1, 1). In order to do this, we look at the history of economic theories of value. We show that value and productivity in digital economy is a certain combination of prior value theories in the next section. Values protocol was created through internal coordination or entrepreneurship. It was created as an innovation from algorithmic stablecoin models. The algorithmic stablecoin model is essentially to have an over-collateralized basket of reserve assets that ensures the stablecoin will maintain its dollar peg, by always correcting the market when the value goes above or below its price peg. The innovation of $VALUES over this model is to create, not a stable coin, but a floating price reserve asset that is backed by risk-free value of treasury assets, rather than pegged to the US dollar. The price of $VALUES therefore can command a premium over the risk-free value of its treasury backed assets. This premium over the risk-free value can be considered a measure of economic productivity in digital economy. And it can be considered as analogous to a price-to-earnings multiple in the conventional stock market.