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Fookinnowan πŸŽ©πŸ”΅ pfp
Fookinnowan πŸŽ©πŸ”΅
@fookinnowan
Day 21 Season 13 ended with Net Outflow of 955,687 $DEGEN from the vault. The top unlocker of the day was again another farming account @dotori and the subaccount farming account @duskfff currently awaiting withdrawal due date. As always, the purple hat stays on 🟣🎩
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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew.eth
What did you think the effects of these farmer unlocks will be? Continued price suppression, or do you think they hold and wait for higher prices before dumping? Thanks for the analysis! 1000 $DEGEN
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Fookinnowan πŸŽ©πŸ”΅ pfp
Fookinnowan πŸŽ©πŸ”΅
@fookinnowan
I would says depends on their buy in price and other opportunities. If there is minimal opportunity out there to pivot they might hold and sell on every pump, likewise if there is massive opportunity for 10,20x return now they gonna dump without hesitation. That's just my personal thought πŸ˜…
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Melissa Burr πŸ“ pfp
Melissa Burr πŸ“
@burrrrrberry
As the most extractive farmers leave, the token will only gain momentum. The healthiest ecosystem is the one not being destroyed by people taking advantage. It's one that's lifted up by community members who believe in the ecosystem. Bye farmers and blatant extractors. They were nothing but an anchor.
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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew.eth
I feel like we’re already seeing this to some degree, up from current lows. I think eliminating mcdegen and dropping allowances was the right thing to do. I also like that Jacek has been more vocal lately, and think that goes a long way. Up only from here, I hope! 500 $DEGEN
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Melissa Burr πŸ“ pfp
Melissa Burr πŸ“
@burrrrrberry
You got reinstated?
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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew.eth
I did. I was suspended last season for abusing the mcdegen tipping system. At the time, I had justified (to myself) its use by pairing the Degen I ultimately swapped back into with ETH to provide liquidity on the L3, which I viewed as net positive for the ecosystem. In hindsight, that was a ridiculous argument, and I am appreciative that Jacek is giving a second chance. I feel particularly guilty about the folks I had tipped who lost out because of it. I am trying to slowly make it right through tips and DEGEN from my own wallet. This may not matter to you or others but I have not sold a single Degen token since this experiment started, and don’t plan to anytime soon. The hat stays on 🎩
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