AlfaFrens

host of /degen and /houseofdegen | curator for /wakegallery | husband, father, degentleman, haberdasher 🎩🥂

This is from today. 

Last night it had dipped to 1100000 $DEGENx estimated. Seems to have... recovered.

Expecting volatility from cancellations but steady sailing so far ⛵

husband, father of two sexy girls, crypto community manager, bizniz owner and opinionated conservative. jesus guns girls america 🇺🇸

@wake.bsky.social

Artist - Father - /anemale
Dive into our dreams with the Anihimale Dreams collection
https://highlight.xyz/mint/base:0x59811D5cBAC7e0e1d9a5A9509E425C5962d87D67

My guess is they started as soon as withdrawals turned on. Users will withdraw too much without understanding how the streaming model works, cancelling their subs automatically.

Yes, I think few know that the amount they can withdraw is what they have earned, meaning : 
your channel
Earned DEGENx
Is that correct?

It's just math, but yes, thankfully, I got good advice: 'You can do it, set your channel at 1k, you'll see.' I thank her every day.
🫂✨

it's what they've earned, which is easy to understand. The tricky bit is STREAMING SUBS.

If you sign up for 1500/month sub you're spending a percentage of that every second, not all at once.

You can run outta degen to spend on subs well before the month ends. Withdrawing money accelerates that.

Ppl overspend 🍿