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Jacek.degen.eth 🎩
@jacek
Huge spike in @mcdegen tipping—pausing this temporarily. Farmers are exploiting it as an exit strategy.
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Alemac
@alemac
For people interested. Dune query for: Top $DEGEN @mcdegen Extractors for season 12. https://dune.com/queries/4636868 Idk why some big names dont appear there... 👀
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itslemon.eth 🎩
@itslemon.eth
Lotta big names here, myself included. And honestly the reason I ended up locking after a few people told me about it, otherwise, would just kept in lp. Guess if there's no way to earn on it, then I pull the locked back out when I can and go back to lp. I can't justify locking something with no incentive.
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Alemac
@alemac
This was allowed, so people used it. The problem is that this is not the goal of degen, as Jacek has said many times: '$DEGEN tipping is about rewarding valuable content on Farcaster'. I understand that it's not easy to lock YOUR money to reward OTHERS. But it's clear that if you have skin in the game, you will receive a lot of tips too. If you want to receive your full allowance/reward, it is clear that you should put in LP, or sell and look for a new project.
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Uncle HODL
@unclehodl.eth
that assumption that you will also get tipped if you have skin in the game is a fallacy fren. especially considering what "skin in the game" actually equated to being debatable. I have 1 MILLION locked, run my own community, engage with everyone doing their own thing, but I barely reach 10k received. My highest was like 92k back when people were claiming millions 🫣 whole experience has been a mess, some parts to blame being farcasters active/power badge... the rest beikn jacek moving the goal post every game, but still leaving it where farmers can reach no problem.
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itslemon.eth 🎩
@itslemon.eth
I'd almost say encouraged by some. And you're not wrong. Regardless of being bullish on the project and buying separate, you are right on the intentions.
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