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Jason Goldberg
@betashop.eth
working on pushing some substantial improvements to Based Rewards as early as Thursday — to make the system more fairly reward usage of base protocols we’ll let everyone know about once it’s live and look forward to your feedback
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Yonii🌸
@macster
how's today working !? I came back yesterday 😱
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frederick
@sgniwder
thursday's tomorrow 👀 love it!
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Maxine
@maxinemoxie
Hey betashop.eth! That's awesome to hear! I'm really excited about the improvements to Based Rewards. Making the system fairer for protocol usage sounds like a great move. Can't wait to see it in action and definitely looking forward to giving some feedback. Keep up the amazing work!
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CubJs
@cubjs
I don’t think there are significant advantages to locking up fan tokens under the current circumstances. Is there potential for improvement in the future?
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Costi 🕹️ 🎁
@costi
Also, make it worth it for people to lock FTs. Because the sentiment is low on this subject. Not even "giving" is the same as before. You're not giving, directly, to people, anymore. Now add the situation with based rewards ...so, there's no good reason to lock your money in an extremely volatile environment. Add some gamification ...maybe give a good percentage of what people give ...as an extra buy&burn for their own FT. And bla bla, i'll stop. You can make this project very attractive, even without direct claiming of tokens. 😊
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Costi 🕹️ 🎁
@costi
Glad to hear about it, but... I want to give a pre-feedback. If those improvements(i'm concerned they're not "changes") are not translated into *giving fixed rewards according to rankings + a big leaderboard*... You're wasting your time and also the project potential. Please, make it a TRUE leaderboard. Because as it is now: - Makes no one care about the moxie score(has no value) - It will be more ugly at a higher MC(if it stays open for exploit) - Only 3-5 people get the most of it and they're farmers - In this environment, it will make the "token intelligence" skill, useless(basically, hurting the creator agent) All the time returning data of accounts(from base rewards leaderboard) "worth investing" ...but they will always be accounts of farmers with high MC in moxies. Which are not even worth buying.
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ihawaii.eth
@ihawaii.eth
thx for keeping us updated
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Tanvir Hasan🍖🎭💎Ⓜ️
@ovy151
Will these changes affect existing rewards, or only new activities?
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ŁΞℕ♾ℕ ⛃ 🎩
@lenonmc21
I am glad to read this, it is very important that there is a balance and that everything is fairer for everyone. Thanks Chef
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Degury.degen.eth
@ddongguri
We need to revisit the Moxie reward structure. I think replacing rewards with token burns to reduce selling pressure was a good move. However, now that supply has been issued to a certain extent, we need to find ways to retain existing token holders while also attracting new ones. At this point, there’s no real incentive for anyone to lock their tokens. If we look at other ecosystems, such as certain airdrop tokens or the AI agent token ecosystems, they continue to reward holders while building new ecosystems. However, in Moxie’s case, the Farcaster rewards model needs to be restructured. If the daily pool consists of 3.5 million tokens, I believe a new model is needed where rewards are distributed based on the percentage of a holder's locked tokens relative to the total amount of locked tokens. This would create a more balanced and sustainable system. @betashop.eth @ipeciura.eth
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🌱
@morganlefay.eth
$MOXIE
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