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Alemac
@alemac
DEGEN tipping has changed since allowances were cut down by 5, of course. This is like any investment, since there is a funds locked; I do my calculations, I see the APR (in this case my daily allowance allocation). If I'm interested, I lock my funds and support friends and good content. But: •If my allowance is reduced due to a sudden reduction in daily emissions, the rules have changed in the middle of locking period. •If my allowance is reduced due to an increase in the vault, that's great for me and part of the game. If in any investment, the profitability changes during the locking period, it is not a good sign. Here it’s similar for me: Maybe it's not worth to me to have a large amount of funds locked for the small daily allocation to support content. That's all. Would you lock 500k USDC to reward 1000 USDC per day to someone? But if that amount is reduced to 1 USDC (drastic) while your funds are locked? Thinking out loud.
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Alemac
@alemac
About enjoyment: I'm in a school. Look at the reduction on a large scale. Giving 50 pieces of candy to 50 kids is fun. Giving 1 piece of candy to 50 kids is not so much fun for me. Here is the same- Give 500 degen to 5 people is satisfying Give 20 degen (0,07 usd) to 5 people is bored.
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Alemac
@alemac
What is the goal of rewarding $DEGEN to people who don't care a sh*t about DEGEN? https://warpcast.com/alemac/0x58f14954
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Selena Trump 💜
@selenatrump
Great analysis sir 👍🏻
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AtnsFarts
@atnsarts.eth
Very nice analysis 🙏. Mainly I am out of degen not because of the coin itself but because of how things are being handled right now
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Herny🟢fomoeb🃏
@henry14
Agree with you! I also don't want to block my funds and not receive income from it. The mechanics have changed for the worse, primarily because of those who did not play by the rules. For example, @pichi , because of such people, you and I are now receiving less income by 5 times. I left small part of the funds 🙂
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Drachetech11
@drachetech11
Great point and well explained 👍
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Gina Lopez🎩✨
@ginah
I love you analysis 🧐 ✨
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Purpleman.base.eth 🎩
@jenson
You make a valid point and the lack of yield on the vault is something that I know puts a lot of people off investing in the project. In the current defi space if you shop around then even on a stable like USDC you can get 13% APR so it’s difficult to justify taking the lost revenue and additional risk on the original capital in order to participate in degen tipping.
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