Content
@
0 reply
18 recasts
21 reactions
Jacek.degen.eth 🎩
@jacek
$DEGEN Monetary Policy: In the coming days, a significant increase in Degen's on-chain supply is expected. To align supply with demand, I'm reducing tip allowances by 30% for all users starting tomorrow. As inflation threatens currency value, I must foster stability. I'll regularly review and adjust these policies.
71 replies
25 recasts
269 reactions
0xLuo
@0xluo.eth
Actually, I have an idea that can mitigate the inflation of the second airdrop. It is that the points you receive are merely the maximum amount of $DEGEN you can claim, but the amount you can claim ≤ the current balance of $DEGEN in your wallet.
4 replies
0 recast
10 reactions
0xSprint
@jjor
Sounds nice, but in practice undoable. Assumes you hold Degen in a connected wallet to FC, if you have a big bag it's likely in another EOA for security. Vesting could mitigate, e.g. xDEGEN. "Do nothing" is still the best imo, distribution = decentralisation, dumps happen, think more long term. It's just a blip.
0 reply
0 recast
2 reactions
wake
@wake.eth
Needs time locks. Else, buy what you need to claim then dump all. A reasonable time lock that ppl would volunteer will delay, but not prevent that intentional action. Delaying the dump for the end, once all tokens are circulating may help smooth smooth it out. Hm. @jacek thoughts on this for later EOM claims?
5 replies
0 recast
2 reactions
jean🎩
@0xjean
what would prevent people from buying / claiming / selling immediately?
0 reply
0 recast
0 reaction
covvboy 🤠🎩
@covvboy
5000 $DEGEN
1 reply
0 recast
0 reaction
