Category: Poll 
Project: @proxyswap 
Poll: https://www.weponder.io/surveys/1919
Notes: Proxyswap will be bridging $PROXY to Base, and introducing new tokenomics for our social dex launching in July. Which asset do you prefer a token to be denominated in?

Swap or Provide Liquidity on Degen L3: proxyswap.tips | Incubated by @callusfbi x @proxystudio.eth | Latest updates at /proxyswap

100% Degen.

100% Degen.

And 100% Degen.

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

100 % talking my bags… yet here are thoughts.

Naturally if on base I would suggest pricing on ETH because I like to see Ethereum used as $.

However if your are building atop or adjacent to Farcaster, I think $Degen is a great long term strategy for a couple of reasons.  

#1 the more broadly Degen is utilized as a token, the stronger it will be positioned, which since it has historical alignment with Farcaster creates a natural flywheel… better future for Degen > better future for FC.

#2.  Through the current tipping dynamics, casters here can earn $Degen, which provides a way for folks who aren’t currently holding ETH in any meaningful way to enter and participate in the broader ecosystem.  Sure folks can earn $Degen and swap to ETH or USDC, yet keeping fluid in Degen creates multiple entry points to the growing dapp verse.

I’m thinking broadly as positioning to a future where folks from emerging economies enter the space.  We’ve seen tremendous growth in crypto adoption in PH via Axie.

why? convince me

denominating in degen has been hard on token price for assets across DL3 

whats the benefit for projects - I understand the benefit for $DEGEN