kompreni 🚂
@kompreni
More rewards for $tipn stakers!
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Icetoad 🍕 🎩 🐈
@icetoad.eth
So this means all the USDC rewards for $TIPN stakers are from the dev rewards coming from Farcaster? Basically just spreading the staking rewards from the previous week over a 7 day period?
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kompreni 🚂
@kompreni
Nope, fc rewards are just another stream that funnels into the rewards
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kompreni 🚂
@kompreni
Most of the rewards come from tip fees rn
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Icetoad 🍕 🎩 🐈
@icetoad.eth
Ok, so any excess from the 1c "gas" fee per tip?
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kompreni 🚂
@kompreni
thats right!
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Icetoad 🍕 🎩 🐈
@icetoad.eth
Gotcha. I thought that might be the case as 1c per erc20 tx on Base seemed high. Do you have the tokenomics presented anywhere?
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kompreni 🚂
@kompreni
Not hosted anywhere yet, but he's an overview - lmk if it helps:
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Icetoad 🍕 🎩 🐈
@icetoad.eth
Ok, so then the "allocations" (what I still call allowance due to $degen experience) is coming from the Uniswap fees on sells. So the selling volume is going to determine the allocations amount in aggregate? How are the allocation amounts determined on a user level, or are all users with USDC tipping enabled given the same amount? And that allocation resets weekly, correct? Can you also explain what this 1% buyback means exactly? What token is being bought?
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