Degen

Totally agree with @downshift.eth here. 

Everyone and their cousins farmed, in one way or the other, by someone's definition, but that's what took $Degen to its ATH (10x higher than today's price). 

However, turning a blind eye to top users and whales who sell their LP rewards on claim day, tanking the price, while actively banning and banishing other users, is not the way to go.

I have an ideea for that, though.

1/2

Just a thought: 💡

 Offer degen allowances based on factors that are correlated to adding value to Farcaster: Open rank, builder credit, reactions received and more while also imposing a minimum holdings ammount - to create buying pressure and demand.

Simultaneously, offer the posibility to lock the current season's points for another 3 months to prevent claim-day selloffs and while adding a bonus to your allowance (perhaps in the form of a % increase).

This will help in two ways:
• Firstly, everyone could benefit from this (but in various ammounts), and those who put their time into building and helping Farcaster grow will be rewarded more.
• Secondly, this will bring back the DAU of last year's spring while encouraging users to provide value and create great content for Farcaster while spreading the word about $DEGEN.

I am happy to elaborate on this further.

C.C @jacek

working on infra to displace adtech at /microsub • dance music lover + host of /campfire 🎧

Driving growth with passion | /wevibe  | building @degenbott