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A similar idea has been kicking around for a while, which might have originated from @0xfran. Except instead of "paying" into the pool, participants stream into to it. As long as you keep your stream going, you can get 100% refund. But if you chicken out and stop your stream, the tokens are shared by those who remain, or reserved for the eventual last wallet streaming. Or something.
I had a variant idea recently, which starts more like you describe, paying lumps sums into the pool to start a round. The pool then equally streams out to funders at a constant rate, but then game mechanics result in users being eliminated. When that happens, the stream is shared by fewer members. The longer you last, the more you get back. 1 reply
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