kompreni π
@kompreni
Some clarity on what's up with this weeks Tipn allocations: Tipn allocations aren't intended for *most* Tipn users. Some power-users get them, and even some non-users (!) get them. Our data partner @quotient is helping us grow Tipn on Farcaster by identifying key users and non-users alike to give allocations to. We actually tried to be *more* inclusive this week. What that meant is that some people got lower allocations β which folks were rightfully confused about. We're sorry for the confusion. We also want to be clear: *the* path for Tipn users to earn $TIPN, long term, is by using Tipn. Every day you do, you earn $TIPN in the Earn tab of the app. Which you can then stake to earn $USDC. Allocations are a growth tool. All $TIPN holders win when more people use Tipn. In future seasons, Tipn will power allocations for other projects/tokens too (DM's open!). Check out the cast from @quotient for more details on how we're looking at allocations and performance:
24 replies
17 recasts
72 reactions
kevang30.base.eth
@kevang30.eth
Taking into account past experiences with the dynamics of tips and rings between power users to give each other the highest tip amounts, or their use in dynamics to gain more recasts or likes, what strategy does @tipn follow to prevent the same people from always being the ones who end up earning the most? I don't want to be incisive, but that ghost is always around. Don't take it the wrong way.
3 replies
0 recast
1 reaction
Jordan
@ruminations
good question - this is a priority. you saw that this week with us reducing allocations for some allocators, including some big, well-known, accounts, so we could add new counts + boost the allocations of people who were attracting new users and holders. the program is not rewarding recasts/likes/having lots of followers.
1 reply
0 recast
1 reaction
kevang30.base.eth
@kevang30.eth
Thank you for your attention. I understand what you're saying and I hope that these measures can help avoid the problems that other projects have suffered due to this issue.
0 reply
0 recast
0 reaction