$DEGEN

1/5 On Base, we’re the 3rd largest token by wallet holders, trailing only USDC and WETH. Our recent distribution round has placed Degen in the hands and minds of nearly everyone on Base, and our reach extends beyond. The question now is: how do we build value for Degen holders?

2/5 Should our goal be to find effective and legal ways to earn revenue and redistribute value to token holders, making Degen integral to amazing products, games, social dApps, and more?

3/5 Do we acquire valuable companies? Or should we incentivize and give grants to top builders in Web3 or even Web2? Perhaps building our own great product, like Blur, Uniswap, or Warpcaster, with massive potential is the way to go.

4/5 Is being a meme and focusing on community building where our true value lies? Is this what attracts long-term $DEGEN holders? Maybe a combination of all these elements is the answer.

5/5 Definitely food for thought. We’re open to community input on this matter. Let’s build something incredible together that will stand the test of time!

Less is more!
- Build sth cool
- Lean into community
- $degen needs to be a sound, well-distributed asset (low inflation)
- Others can create around this asset (> apps, games incl staking where they capture small fees & redistribute) & use $degen for their initiatives

Pls don't give grants to "good" teams in crypto.

If you build a killer-app, you can capture small fees in $degen, redistribute to app users & burn a part.

If Degen chain gets adoption, use revenues to a) incentivize builders who drive engagement

> Near / Canto "Contract Secured Revenue: 20% of gas spent on app is given to devs as rebate in composable manner."

There are some primitives & tools that enable other apps on Degen chain which don't usually get funded. You can help by redistributing revenues/small inflation.

+ I'd penetrate Farcaster, social, speculation, memes: Unique position to utilize Farcaster ID, social activity, degen meme degeneracy, speculation, trading

interest in football, ecosystem growth, econ, investing, chess

Are you building an enduser-app in social, speculation, gaming, a combination thereof or a service for these apps?

Let's unfuck your launch with $degen powerusers
🎩Get early users 
🎩Get initial liquidity
🎩Get marketing support 

No need to overpay early farmers but create good, fair launches & lasting growth.

Most important is not destroying the value of the token & having happy Degens who support/bet on builders & apps.

There's no need for grants. Users will do that job if they see new apps. Help apps with reach (list on website), marketing (twitter, warpcast) & build one yourself.

Most important is not destroying the value of the token & having happy Degens who support/bet on builders & apps.

There's no need for grants. Users will do that job if they see new apps. Help apps with reach (list on website), marketing (twitter, warpcast) & build one yourself.

https://warpcast.com/juli/0xaf65883e

Nice thread bro I hope it get seen by more ppl 555 $degen