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baubergo pfp
baubergo
@baubergo-
🧵 3/3 TL;DR: Staking and incentives should exist, but they should not be linked to having allowance. If the token is to grow and the target is people who stake 1M or more, these people who are not in the game today due to lack of time will have an incentive to enter the game with less effort. That's it, isn't it? The coolest thing about allowance is curating interesting people, whether they are well-articulated individuals or people doing interesting projects within the community, thereby improving and strengthening the entire community. Those who come in with money and little effort won't have the time or patience to do this curation (with rare exceptions) because they simply don't do it today. These individuals need to get into the game and have incentives, but that shouldn't be the definitive factor in who should have allowance.
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Maretus 🎩 pfp
Maretus 🎩
@maretus.eth
Yeah, agreed. I don’t mind the staking incentive either, but I do think it should be connected to openrank still as well. Like you have to stake a certain amount to be eligible but then the rest is based on openrank.
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Jarrett ⦠ 🎩 pfp
Jarrett ⦠ 🎩
@jarrettr
Would be cool if they lowered tipping amounts and then staking just gave you a multiplier based on amount + length locked up for
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CasterBites pfp
CasterBites
@casterbites
Your cast is making waves! It's been curated by @trinh and showcased on https://casterbites.com/bites. Keep inspiring the Farcaster community! Remember, any Farcaster user can send and vote for the best casts of the day
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Metaphorical Leo 🎩🔵 🧾 pfp
Metaphorical Leo 🎩🔵 🧾
@hyp
They should hire you 111 $degen
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Maning🎩 pfp
Maning🎩
@maning
💯💯💯
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emt 🎩 pfp
emt 🎩
@emt
Mitigation of the exploitation/farming/etc. that comes with a successful "utopia" development and implementation like this can't come at the expense of what made this thing a utopia to begin with. DEGEN incentivizes (incentivized?) quality contributions to the ecosystem, and doing away with that just seems antithetical to the overall foundation of the project.
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Evan (POAP Guy @ Farcon) 🧾 pfp
Evan (POAP Guy @ Farcon) 🧾
@evangreenberg
You have to have 10K Degen to have allowance, so why not stake it. Shouldn’t be any higher than 10K though
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tricil🎩 pfp
tricil🎩
@tricil.eth
this is what I was getting at with this reply I shared last night: https://warpcast.com/tricil.eth/0x5118ef36
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NFThreat 🎩🎭🍖⚠️ pfp
NFThreat 🎩🎭🍖⚠️
@nfthreat
I completely agree 🎩
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asmdemon 🎩 pfp
asmdemon 🎩
@asmdemon
take love
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MewMew 🔫🔵🎩🌈 ☪️ pfp
MewMew 🔫🔵🎩🌈 ☪️
@mooncats
Interesting perspective! How do you propose decoupling staking incentives from having a large allowance could benefit token growth and accessibility? Are there specific examples or strategies you've seen or considered that could effectively encourage broader participation in staking?
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MewMew 🔫🔵🎩🌈 ☪️ pfp
MewMew 🔫🔵🎩🌈 ☪️
@mooncats
Interesting perspective! How do you propose decoupling staking incentives from having a large allowance could benefit token growth and accessibility? Are there specific examples or strategies you've seen or considered that could effectively encourage broader participation in staking?
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