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Content
@
https://warpcast.com/~/channel/degentokenbase
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robot pfp
robot
@robot
my thoughts on making degen lock up better 1. get a degen allowance based on your % of staked degen in the pool 2. 50% of your degen allowance can be tipped, other 50% is claimable by the staker next airdrop 3. if you don't tip your allowance you can't claim your airdrop (if you tip 10% you can claim 10%)
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robot pfp
robot
@robot
also rebrand degen vault to staking degen, which degen wants to have a vault?!
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robot pfp
robot
@robot
giving good incentives to stake degen, less circulating supply, price goes up, everyone happy (whales and smaller wallets)
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robot pfp
robot
@robot
with this system people also make money when they tip because they need to tip before they can claim their own staking rewards
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robot pfp
robot
@robot
give a boost or multiplier to people who own certain nfts, build degen apps, provide liquidity, etc just like the initial airdrop
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Jared pfp
Jared
@javabu.eth
I would love to be able to claim a portion of my tips.
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baubergo pfp
baubergo
@baubergo-
What would a 500k staked scenario look like as an example? Asking for a friend ๐Ÿ‘€
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max โ†‘ pfp
max โ†‘
@basedexplorer.eth
definitely need a boost, not sure if most of those degens cast anything
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Tim pfp
Tim
@cryptim.eth
I like this idea a lot
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Push pfp
Push
@push-
I really like point 3 ngl. Point 2 is kinda eh. But we definitely need an incentive on locking, which will make it effectively staking๐ŸคŒ๐Ÿป And yeah sorry, but distributing the token is not enough for locking my shit up and committing that much๐Ÿคท๐Ÿปโ€โ™‚๏ธ
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homie pfp
homie
@infinitehomie
Would you claim immediately (when tip received) or as the vest continues (so would it be time bound?) This idea sounds like a good one.
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Cardman ๐Ÿ”ท
@therealcardman
I like this but would only I think we should just pick one of the 3 for simplicity sake. (i'd go with something like #3, but a % unclaimables from nontippers are distributed amongst tippers)
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Emily ๐ŸŽฉ๐Ÿƒ๐Ÿ– pfp
Emily ๐ŸŽฉ๐Ÿƒ๐Ÿ–
@mahla
Iโ€™m agree with this ๐Ÿค”
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zoz pfp
zoz
@zoz.eth
Agree
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Jerry-d ๐Ÿ–๐Ÿ‘ฝ๐ŸŽฉ โ†‘ pfp
Jerry-d ๐Ÿ–๐Ÿ‘ฝ๐ŸŽฉ โ†‘
@jerry-d
This approach is definitely better. Everyone wins. $DEGEN wins. Farcaster engagement increases. This is still subjective, but to increase quality, tip quality. Most know it when they see it. 500 $DEGEN ๐ŸŽญ๐Ÿ˜Ž๐ŸŽฉ Thank you, Rob!
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ilove.base.eth pfp
ilove.base.eth
@chris24.eth
From the beginning I was hoping to see some type of retroactive incentive toward those who tipped their full allocation consistently, like a pay it forward type thing for those who were consistently giving. Donโ€™t get me wrong, Iโ€™ve been rewarded far more than I deserve, but as time has carried on and the allocation grew smaller regardless of the size of your bag or your activity in the ecosystem and L3 up to that point and became more about follow countโ€ฆI honestly sort of drifted. Happy for any type of change. ๐ŸŽฉ
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bigdegenenergyโ“‚๏ธ๐ŸŽฉ pfp
bigdegenenergyโ“‚๏ธ๐ŸŽฉ
@bigdegenenergy.eth
1000 $degen
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thej0n ๐Ÿ“บ๐ŸŽฉ๐Ÿ–๐Ÿค pfp
thej0n ๐Ÿ“บ๐ŸŽฉ๐Ÿ–๐Ÿค
@thej0n.eth
So we tip 50% or more. According to my calculations.
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Garrett pfp
Garrett
@garrett
I like this overall but I worry that this degen lockup + tip structure can easily get too complicated. Generally, I think having it super simple and straightforward is the best approach.
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deleted
@johann
i really like this! ๐Ÿ’œ๐Ÿซก
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