Degen

1️⃣ The Lockup Vault – A Bad Deal for DEGEN?

The vault was designed to require users to hold DEGEN in order to receive daily tipping allowances. The idea was that this would reduce sell pressure and incentivize long-term commitment.

But the numbers tell a different story:
	•	Right now, a 1.9M DEGEN deposit gives you a 10K DEGEN daily tip allowance
	•	If fully farmed over a year, this results in an APR of 184% 😳
	•	That’s a massive ROI for a short lockup, creating huge inflation in the ecosystem

This raises a key question: Are we getting enough back for giving out these rewards? Right now, it looks like the system is disproportionately benefiting farmers rather than long-term ecosystem participants.

Great cast  by Jacek about lockup vault and thx for the the transparency 🫡

im nobody to judge cause tbh its hard to come up with right decision to stop farmers. I cant come up with any solution so im not gonna say anything unless its too wrong !

Just want to say that below is my fav ss ( ss2 - 4 maybe ) cause everything was based on reactions tho. Price not the main point but it was fun lol

FID: 263574 l Reply for Life l NFTs Enthusiasm and Collector

I think season 3 was my first season. I ain't gonna lie, it's still my best season till date. It was so much fun then. I remember iceberg telling us to send a photo with shoe on our head. Hahahaha

Jovial, nice, hardworking Guy. It's a pleasure to meet you all. Can't wait to make new friends

Yeah. Casting and replying was our main job and it was fun 😂😂😂 many funny cast lol

Yup and its also hard with current wc spam algo 🫠

There were lots of new entries. Now I barely see the once I knew when I arrived.