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Ramsey 🎩🤝 pfp
Ramsey 🎩🤝
@ramsey
It's been 76 days since the degen tipping bans. While I do still think that a lot of people have been caught in the crossfire (me and the people I tipped in that last month included), there's nothing to be done there anymore. Technically, if you locked on that day, with the purpose of farming, and you plan to unlock and sell that degen, you have 14 more days until the unlock is possible. I do think (with no metric whatsoever), that the majority is already unlocked by pure farmers and/or people that think the numerous rule changes are not a good sign of the project. @fookinnowan has been meticulously keeping track of the vault stats (and I thank them for that). So far, nearly 50% of degen has been unlocked and presumably sold. I am wondering how the price action will look like after that period ends. Will the full exodus of farmers happen by then? Are they done selling or using LPs to farm more degen? Will the app be the catalyst for the return to previous prices? Or are we doomed, until ETH recovers?
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Ramsey 🎩🤝 pfp
Ramsey 🎩🤝
@ramsey
Me, I've unlocked. Not bcs I consider myself a farmer. I never did t4t, but I did do the microsub thing, which was allowed, but then never taken into consideration for the t4t comparison. I was told mcdegen was OK, and I did increase my Degen lock with that same thing. This was probably the reason for me being banned. I've also started to do the LP thing with the unlocked degen. And no, not bcs of added degen. I waited for the announced flexible lock change, but it never came. This is not me complaining, just stating the facts. I was against pure lock from day 1. I do have to admit I don't care for the last minute rule changes. On that day, I was beyond sad/angry/dissapointed/confused. The main reason was that all of the people I tipped, for various reasons (microsub/charity/poker prizes etc) lost all of that tipped Degen. I had to tip them in the next month (people told me I did not, but I could not help myself). Truth is, I was so sad, if my Degen was unlocked then, I'd sell that day.
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