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Melissa Burr 🍓
@burrrrrberry
Re: dedegen and my position on the mod squad Dear @jacek, In season 6, you rolled out a new system you hadn't quite properly thought through. Last minute, you caved to the biggest whales. You told users to lock up their precious degen and receive an allowance to do what they want with. So they did. They opened up channels for "tip-for-tip" and "401k matching" (which you condoned). You misaligned incentives with the site's most active users, and now degen is being exploited by the people you bent the knee to. NOW, you have appointed a select group of people to clean up this mess with subjective standards and burdened us with the responsibility of deciding "what's right." If you want to unlock people's money and change the rules, fine. But I won't be a part of this. Sincerely, Burr
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Jacek.degen.eth 🎩
@jacek
We’re proud of the new season and glad it’s been well received. Moderation is essential for any social network, and we aim to be transparent. Degen tip allowances are in a healthier position than ever. Sorry you feel this way, and you will be missed. Take care.
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Breech
@breech
How are they in a healthier position? When the OpenRank score dictated the allowance, they were all going to real users who (mostly) have the tips out the right way. Now we’re watching probably half of the daily total allowance go to farms of people with their alt accounts. That doesn’t seem healthier at all. The only problem with the previous system was that it was hard for new/small accounts to break out. A hybrid system that kept a social score, and gave new/small accounts an opportunity to have more than 3-5 allowances would be significantly better than this current one. Watching our Allo drop every day brings zero positive emotions, only negative ones. I don’t want to keep depositing and resetting a 3 month clock to maintain an allowance. TLDR - I don’t think this system is remotely close to “healthier” tbh.
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xRev↗︎
@xrev
If you believe half the daily allowance is now on the hands of farmers it means you also believe farmers locked half of the supply, not a bad a thing. In fact I like that they locked their degen. Next step is to ignore/moderate their tips and recycle those tips to real/good users/tippers.
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Breech
@breech
Obviously the number is a guess/exaggeration, but I'm sure it's in the 20% range or so. Them locking supply (and therefore increasing the minimums required for allowances) and then using all the rewards to give back to themselves doesn't really benefit the ecosystem does it? Allowance = harder to maintiain Rewards = going to cheaters This system ain't it fam. And I know what you meant about the supply lol
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xRev↗︎
@xrev
It's maybe around 10% or even less but I would need to check to be sure. Unfortunately I don't have time to do that atm but maybe next week. Meanwhile, sure... farmers have a bad impact, no doubt. I don't like them, I want them out but I like the fact that the degen team can do stuff like ignoring all their tips or some of their tips (via moderation, introducing diminishing returns, recycling tips... whatever) while their supply remains locked. Under the current system farmers need to take more risk and they can only profit once every month. When that time comes who knows if their tips are still valid or not, meanwhile they can't dump their locked funds, they need to wait and I like that.
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