Content pfp
Content
@
https://warpcast.com/~/channel/lp
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Deployer pfp
Deployer
@deployer
For the next $HAM bonus, caster tokens will require at least 5 million locked tokens to qualify. This closes the loophole mentioned in the cast below. There will be a one time lock bonus for most caster tokens to reward honest participants in the Ham ecosystem while ensuring bad actors don't extract our precious Ham.
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Wellzy 🎩🏰🍖✞ pfp
Wellzy 🎩🏰🍖✞
@wellzy
Well that’s not cool and eliminates most people from qualifying unless they lock all their own tokens, which leaves none for tipping unless they buy more of their own. We’re being penalized for a few bad apples.
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Theleroi.base.eth pfp
Theleroi.base.eth
@theleroi
Totally agree This decision will narrow the path for newcomers as well What we want for sure is more people joining ham and what we don't want for sure is making it harder for them to join
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sartocrates pfp
sartocrates
@sartocrates
im not sure you understand how this works. the bonus distribution is rewarded to *stakers* of the top locked tokens. nothing has changed except that he set thresholds that will simply mitigate risk of exploiting it. effectively it hasnt changed anything at all except deter exploitation of that pool (without having to do any kind of centralized banning or policing - its elegent). i fail to underhow this in any way makes anything “harder to join” in any way. what do you mean?
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Theleroi.base.eth pfp
Theleroi.base.eth
@theleroi
Correct me if I'm wrong: what I got from deployers update was people need to lock 5M caster token of someone in order to be included on that rewards pool if that caster token is one of the top locked one ... and what flashed through my mind is that 5M token of someone such as Deployer will cost around 500$, which is too much for new members ( keep in mind cost of joining ham right now is to hold on 50$ of tn100x )
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sartocrates pfp
sartocrates
@sartocrates
no, the bonus rewards are distributed to STAKERS of the top ranked caster tokens by how much is LOCKED on that caster token. this is why its also called “voting power” to lock.
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Theleroi.base.eth pfp
Theleroi.base.eth
@theleroi
so than can you explain to me what that 5M threshold is about ?
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sartocrates pfp
sartocrates
@sartocrates
that just means that in order for a caster token to qualify for that bonus distribution that the STAKERS of it recieve, it must have a minimum of 5m locked. anyone can lock on a caster token, not just that caster, which is why its called “voting power”. so basically it works just the same, this just prevents people from being able to exploint it by gaming it by like creating a buncha accts or smthn and essentially just stealing the bonuses to give back to themselves… or at least it becomes much more impractical and not worth it to try to do so.
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