Jacek.degen.eth 🎩 on Farcaster

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https://warpcast.com/~/channel/degentokenbase

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Jacek.degen.eth 🎩 pfp

Jacek.degen.eth 🎩

We've heard the community and recognize the current tip allowances aren't ideal. We're developing a new incentive mechanism to reward long-term members and reduce farming. We'll iterate quickly to improve the next season, making token farming increasingly difficult. @cadillion and I are cooking.

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Jacek.degen.eth 🎩 pfp

Jacek.degen.eth 🎩

To clarify, future systems will require you to show commitment to the Degen project by locking or staking. We aim to reward long-term HODLers of Degen. The incentive mechanism we're designing is currently in development.

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DegenFans 🔐 pfp

Cooking is always good, cheers 🍻

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Arrotu pfp

Great… the whole token farming can be quite tiring to be honest !! Feels like that’s the only thing here from time to time

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bigdegenenergyⓂ️🎩 pfp

bigdegenenergyⓂ️🎩

@bigdegenenergy.eth

@jacek Maybe throw a little in there for the LPs. :)

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checkpoint pfp

keep it simple e.g: - Welcome bonus, new comers to fc = You do not need to hold any amount to get degen tip for 1 month - hold 10000 degen , to get degen tip - hold 25000 degen, so you may get tip allocation - holding odegen, jumpnation, degentlemen etc increase the allocation

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sparkz pfp

Are you factoring in the HODLrs who moved or store their DEGEN in a non-Farcaster associated wallet for security reasons? Could be introducing unnecessary risk by incentivizing ppl to move funds to hot wallets.

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Ethan666.eth🎩 pfp

Ethan666.eth🎩

🎁 for you on jam.so

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Mocha🎩🔵🎨 pfp

Mocha🎩🔵🎨

"The question I have for you is, if a group of people cheated, why should everyone pay the price? Is that fair? Why don't you just deal with those who cheated? It seems here the only thing that is worthless is effort and skill. The more hollow the content, the more credibility it has."

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Evan pfp

Have allowances changed for this season? The tip frames seem confused

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nkemjika.eth pfp

I am curious to know what isn't ideal about the current tip allowances, and if the people who are complaining are doing so because the whole engagement mechanism that has been dropped isn't favouring them.

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SVVVG3 pfp

Did allowances for powerbadge users get decreased today? No longer showing 1000 in frame 🙉

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Pelin Genç pfp

These are all great for the next season, thank you @jacek But I would like to bring your attention to the change made to the allowances code a few hours ago. I see that you removed the round up to 1000 option for PB holders as of June 18, whereas in the morning Dune and frames showed 1000, and no prior announcement was made too, so most of us overtipped, and some are not even aware of this situation yet. I think it would be great if you could make an explanation and maybe start the new code as of tomorrow? So that many confusions due to overtipping and invalid tips will have been avoided. Thank you

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VERYMASA.⌐◨-◨ 🎩🇯🇵 pfp

VERYMASA.⌐◨-◨ 🎩🇯🇵

LFG🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

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Ethan666.eth🎩 pfp

Ethan666.eth🎩

Beautiful sir! This idea is legit. 300 $degen

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pikachu.degen.eth pfp

pikachu.degen.eth

Communicating sometimes requires the consumption of a lot of time and effort. I know it's the essence of social pie, but I think it's also a good idea to provide contributing activities like staking for those who have a hard time continuing to participate in these activities. It needs to be improved to reach the public a little more.

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MrRevix 🎩🔵 pfp

MrRevix 🎩🔵

Could a custom root user list be useful? Maybe linked to some parameters that help exclude farmers?

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amosnena🎩💜 pfp

amosnena🎩💜

Interesting, but are you going to change the minimum to be blocked?

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pes🎩 pfp

What is the economic initiative? Locking up liquidity has an opportunity cost. How does the user expect to get this cost back?

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chinemelum pfp

@chinemelum.eth

Looking forward to this, we keep holding and buying moar

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